Chapter 953: REGULATION OF MOBILE HOME PARKS; LANDLORD AND TENANT
§9097-C. Penalties for late payment of rent
The owner of a mobile home park or the owner's agents may assess a penalty against a tenant for late payment of rent under
this section. [2005, c. 156, §2 (NEW).]
1.Late payment.
A payment of rent is late if it is not made within 15 days from the time the payment is due.
[
2005, c. 156, §2 (NEW)
.]
2.Maximum penalty.
The owner of a mobile home park or the owner's agents may not assess a penalty for the late payment of rent that exceeds
4% of the amount due for one month.
[
2005, c. 156, §2 (NEW)
.]
3.Notice in writing.
The owner of a mobile home park or the owner's agents may not assess a penalty for the late payment of rent unless the owner
of a mobile home park or the owner's agents gives the tenant written notice at the time the owner of a mobile home park or
the owner's agents and tenant enter into the rental agreement that a penalty, up to 4% of one month's rent, may be charged
for the late payment of rent.
[
2005, c. 156, §2 (NEW)
.]
SECTION HISTORY
2005, c. 156, §2 (NEW).
Data for this page extracted on 10/16/2012 08:20:28.