How much can a landlord charge for a late rent fee in Virginia?

In Virginia, a late charge may not exceed the lesser of 10% of the periodic rent or 10% of the remaining balance due. This is Va. Code § 55.1-1204(E).

WhatVirginia
Maximum late fee10% of the rent or of the balance due, whichever is less

Source

Va. Code § 55.1-1204(E) — last checked 2026-09-16.

This is a summary of a published statute, not legal advice. Rules change, local ordinances can add to them, and the terms of a specific lease may differ. Check the citation and speak to a lawyer before acting.

How Seayora uses this rule

Seayora charges only the late fee written into the lease, after the grace period the lease sets, and adds no late fee of its own. This page states the statutory ceiling and waiting period so the terms of a lease can be checked against them before it is signed.

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