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Code · Maryland · Real Property

§ 8A-404

55 words·~1 min read·/md/real-property/8a-404

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

§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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