Maryland Code, REAL PROPERTY 8A-404
Current as of: 2023 | Check for updates
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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.