Maryland Real Property Section 8A-404

Article - Real Property

§ 8A-404.

      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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