Maine Revised Statutes
Chapter 953: REGULATION OF MOBILE HOME PARKS; LANDLORD AND TENANT
10 §9097-C. Penalties for late payment of rent

§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.   [PL 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.  
[PL 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.  
[PL 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.  
[PL 2005, c. 156, §2 (NEW).]
SECTION HISTORY
PL 2005, c. 156, §2 (NEW).

Structure Maine Revised Statutes