Iowa Late fee grace period

Is there a grace period before a late fee can be charged in Iowa?

Iowa's Uniform Residential Landlord and Tenant Act (ch. 562A, read in full on 2026-10-15) sets no grace period before a late fee. It caps late fees at $12/day or $60/month for rent of $700 or less, and $20/day or $100/month above $700 (§ 562A.9(4)).

Verified Source: Iowa Code ch. 562A; § 562A.9(4) · last checked 2026-10-15