Rent and Late Fees
Iowa Code § 562A.9 — no more than $12 a day or $60 a month in late fees on rent of $700 or less
- Rent is payable without demand at the time and place agreed, and otherwise at the unit at the start of each month.
- Where rent is $700 a month or less, a late fee may not exceed $12 a day or $60 a month.
- Where rent is more than $700 a month, a late fee may not exceed $20 a day or $100 a month.
- Without a fixed term, a tenancy is week to week for a roomer paying weekly, and otherwise month to month.
Sources for this section (1)
- Iowa Code § 562A.9 — Terms and conditions of rental agreement
Legal information, not legal advice. Verified as of October 2026. Applying it to a particular situation is the work of a licensed Iowa attorney.