Residential Leases - Late Payment Penalties - Calculation
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.
CONTRACTS
Real Property
Residential Property
Fines
Landlords And Tenants
Leases and Rent
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{# E23 (Nick, ruling section 1 answer 10): quoting a bill or a court opinion works
the way quoting a news article works. Select a passage above and the same panel
opens: the passage goes to the official you choose, with this document's own
address as its source and its own type. #}