Commercial Late Fees in Costa Rica
Framework on referential limits and permissibility of punitive surcharges imposed due to recurrent rent payment failures.
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This content is for general informational and educational purposes only. It does not constitute legal advice and should not be relied upon as such. Laws change frequently — always verify current regulations and consult a licensed attorney in your jurisdiction for advice specific to your situation. Landager is a property management platform, not a law firm.
Disclaimer: This guide provides general legal information for educational purposes only and does not constitute legal advice. Landlord-tenant laws change frequently. Always consult with a qualified attorney in Costa Rica for advice specific to your situation. Last verified: March 2026.
Application of Default in Commerce
Unequivocally, the commercial landlord and tenant will be strictly governed by the legislative grace period provided for tenants of seven (7) calendar days.
Beyond that timeframe, it is imperative to establish legally in the initial guidelines whether default responsibilities (punitive percentage charges or "interest" rates) will apply. These commercial interests are generally free to fluctuate, provided they remain below the general usury controls imposed by national norms.
At the corporate level, it is also permitted to establish clear termination fines or immediate execution of the security deposit as a charge when proceeding with early termination due to proven and reiterated commercial default that harms the mercantile economic flow.
Sources & Official References
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