Bill
Bill > HB1669
summary
Introduced
01/17/2020
01/17/2020
In Committee
01/17/2020
01/17/2020
Crossed Over
Passed
Dead
03/12/2020
03/12/2020
Introduced Session
2020 Regular Session
Bill Summary
Landlord and tenant; charge for late payment of rent; restrictions. Provides that a landlord may not charge a tenant for late payment of rent unless such charge is provided for in the written rental agreement and that no such late charge shall exceed the lesser of 10 percent of the periodic rent or 10 percent of the remaining balance due. The bill contains technical amendments.
AI Summary
This bill proposes the following key provisions:
1. It amends the Code of Virginia to restrict landlords from charging tenants a late payment fee for rent unless such a fee is explicitly stated in the written rental agreement. Additionally, any late payment fee charged cannot exceed the lesser of 10% of the periodic rent or 10% of the remaining balance due.
2. The bill includes technical amendments, such as renumbering various subsections within the relevant code sections.
The overall purpose of this bill is to place limits on the fees landlords can charge tenants for late payment of rent, in order to provide more protections for tenants in their rental agreements.
Committee Categories
Business and Industry, Justice
Sponsors (1)
Last Action
Incorporated by General Laws (on 02/04/2020)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://lis.virginia.gov/cgi-bin/legp604.exe?201+sum+HB1669 |
| BillText | http://lis.virginia.gov/cgi-bin/legp604.exe?201+ful+HB1669+hil |
| Bill | http://lis.virginia.gov/cgi-bin/legp604.exe?201+ful+HB1669+hil+pdf |
Loading...