Late payment fee

  1. Law
  2. Maryland Code
  3. Real Property
  4. Mobile Home Parks
  5. Park Fees
  6. Late payment fee

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    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.


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