LD 1355
pg. 2
Page 1 of 2 PUBLIC Law Chapter 156 LD 1355 Title Page
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LR 559
Item 1

 
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.

 
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.


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