2A:44-189.1 Charging of late fee.
79 words·~1 min read·
/nj/title-2a/chapter-44/2a-44-189-1·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
1. In addition to any other remedy available under the "Self-Service Storage Facility Act," P.L.1983, c.136 (C.2A:44-187 et seq.), a reasonable late fee may be charged and collected by an owner for each month that the occupant's rental payment for a storage space is in default.
For purposes of this section, a late fee of up to $20.00 or 18 percent of the monthly rent, whichever is greater, is reasonable and shall not constitute a penalty.
L.2017, c.368, s.1.