Residential Leases - Late Payment Penalties - Calculation
Sponsor: Nick Allen (District 8)Committee: Environment and TransportationSubject: Real PropertyStatus: Approved by the Governor - Chapter 580 (as of Dec 1, 2025)
What this bill does
Official synopsis
Altering a prohibition concerning the maximum penalty for the late payment of rent that a landlord may charge in a residential lease to prohibit a penalty in excess of 5% of the amount of the unpaid rent rather than of the amount due.
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Testimony (0)
MGA witness listFAV 17FavorableUNF 1Unfavorable
Organizations on record
Registered lobbyists who testified
FAVGreenfield, AaronRegistered for: BTS Bioenergy; Baltimore Area Council Boy Scouts of America, Inc.; Embassy of Japan; Ernst & Young, LLP; FEi Systems; Goodwill Industries of the Chesapeake…
FAVGreenfield, AaronRegistered for: BTS Bioenergy; Baltimore Area Council Boy Scouts of America, Inc.; Embassy of Japan; Ernst & Young, LLP; FEi Systems; Goodwill Industries of the Chesapeake…
