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2018 Maryland Code
Real Property
Title 11B - Maryland Homeowners Association Act
§ 11B-112.1. Late charges
Universal Citation: MD Real Prop Code § 11B-112.1 (2018)
The declaration or bylaws of a homeowners association may provide for a late charge of $ 15 or one-tenth of the total amount of any delinquent assessment or installment, whichever is greater, provided the charge may not be imposed more than once for the same delinquent payment and may be imposed only if the delinquency has continued for at least 15 calendar days.
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