Hawaii Real Estate Salesperson Practice Exam

Question: 1 / 400

What is the maximum late fee charge that can be applied to rent due in Hawaii?

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In Hawaii, the maximum late fee that can be charged for rent is determined by the state law, which stipulates that it can be no more than 8% of the residential rent due. This regulation serves to protect tenants from excessively high late fees while allowing landlords to receive some compensation for late payments. An understanding of this limit is crucial for both landlords and tenants to ensure compliance with state law and to avoid potential disputes regarding unreasonable charges.

While some may consider different percentages, it’s important to rely on the legal framework that clearly sets this 8% maximum, thus making it the correct choice for this question.

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