What is the maximum amount a landlord can charge a tenant for a late fee in Thailand?

[Terek]

What is the maximum amount a landlord can charge a tenant for a late fee in Thailand? Is there some consumer protection in case of overcharging?  It's just a normal 1 year condo rental from private person, so I think law about commercial renting from owner with 5 or more properties don't apply here. Just wanted to know what is the tenant's rights, or any amount of penalty can be written in contract. 

[scubascuba3]

for late payment of rent?

[Terek]

12 minutes ago, scubascuba3 said:

for late payment of rent?

Yes

[scubascuba3]

I don't know if there is any law on that one, but being a landlord, an interest charge would be reasonable

[FritsSikkink]

Consumer protection / tenants rights.

What about pay the rent on time / Landlord rights?

[Terek]

Question is simple.  Is there consumer protection or not? I know in EU and USA there is. It's 2022 after all. 

[vinny41]

Late payment charges will be in the contract that you signed

[Gulfsailor]

If there’s no mention in the contract then the landlord can charge up to the maximum allowed interest rate, which currently stands at 15% per annum for general loans.

[Terek]

Thing is that in civilised countries there is maximum amount that landlord can charge irrespective what is in contract. Same thing as with loans. There is consumer protection laws about it. So I wanted to check is there such law in Thailand or not, so far I haven't got the answer.

[Woof999]

6 minutes ago, Terek said:

Thing is that in civilised countries there is maximum amount that landlord can charge irrespective what is in contract. Same thing as with loans.

Is your condo in a civilised country?

[Terek]

2 hours ago, Woof999 said:

Is your condo in a civilised country?

))) who knows,  2022 things are changing, so up to date information would not hurt