§ 8A-404

Md. Code Ann., Real Prop. § 8A-404

Late payment fees

Effective Jul 1, 1980Added by Acts 1980, c. 843, § 3, eff. July 1, 1980.State of Maryland
  1. (1) The rental agreement provides for the fee;
  2. (2) The fee does not exceed 5 percent of the rent due or $5, whichever is higher; and
  3. (3) The rent is not paid within 5 days after the due date specified in the rental agreement.

A park owner may charge a late payment fee if:

Added by Acts 1980, c. 843, § 3, eff. July 1, 1980.

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