How automatic late fees work and how to configure them.
Domara can automatically apply late fees when rent is overdue. You configure the rules once in Settings, and the system handles the rest.
- Fee type — flat amount (e.g., $50) or percentage of rent (e.g., 5%)
- Fee amount — the dollar amount or percentage
- Grace period — number of days after the due date before the fee applies (default is 5 days)
When a charge is overdue and the grace period has passed, Domara automatically creates a separate late fee charge on the tenant's account. The tenant sees both the original charge and the late fee on their dashboard.