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the Maryland Code
2013 Maryland Code
REAL PROPERTY
§ 8A-404 - Late payment fee
Universal Citation:
MD Real Prop Code § 8A-404 (2013)
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This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
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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