Law360, New York (October 9, 2013, 5:06 PM EDT) -- As anyone who has ever surfed the Internet knows, there is a great deal of conflicting information and advice to be found on just about every topic under the sun. One such issue, which has been the subject of increasing interest and debate in online legal forums over the last several years, is whether or not the standard provision for late fees in a residential lease is enforceable in California.
Some consumer advocate groups maintain that any late fees charged are void because they constitute impermissible liquidated damages. Others argue that late fees are usurious to the extent that they exceed...
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