Maine Revised Statutes

§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).