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§ 8A-404. Late payment fees

West's Annotated Code of MarylandReal Property

West's Annotated Code of Maryland
Real Property (Refs & Annos)
Title 8a. Mobile Home Parks (Refs & Annos)
Subtitle 4. Park Fees (Refs & Annos)
MD Code, Real Property, § 8A-404
§ 8A-404. Late payment fees
Currentness
A park owner may charge a late payment fee if:
(1) The rental agreement provides for the fee;
(2) The fee does not exceed 5 percent of the rent due or $5, whichever is higher; and
(3) The rent is not paid within 5 days after the due date specified in the rental agreement.

Credits

Added by Acts 1980, c. 843, § 3, eff. July 1, 1980.
MD Code, Real Property, § 8A-404, MD REAL PROP § 8A-404
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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