22 | 16 | | |
---|
23 | 17 | | AN ACT concerning 1 |
---|
24 | 18 | | |
---|
25 | 19 | | Residential Leases – Late Payment Penalties – Calculation 2 |
---|
26 | 20 | | |
---|
27 | 21 | | FOR the purpose of altering a prohibition concerning the maximum penalty for the late 3 |
---|
28 | 22 | | payment of rent that a landlord may charge in a residential lease to prohibit a 4 |
---|
29 | 23 | | penalty in excess of a certain percentage of the amount of the unpaid rent rather 5 |
---|
30 | 24 | | than of the amount due; and generally relating to residential leases and penalties 6 |
---|
31 | 25 | | for the late payment of rent. 7 |
---|
32 | 26 | | |
---|
33 | 27 | | BY repealing and reenacting, without amendments, 8 |
---|
34 | 28 | | Article – Real Property 9 |
---|
35 | 29 | | Section 8–201 and 8–208(g) 10 |
---|
36 | 30 | | Annotated Code of Maryland 11 |
---|
37 | 31 | | (2023 Replacement Volume and 2024 Supplement) 12 |
---|
38 | 32 | | |
---|
39 | 33 | | BY repealing and reenacting, with amendments, 13 |
---|
40 | 34 | | Article – Real Property 14 |
---|
41 | 35 | | Section 8–208(d)(3) 15 |
---|
42 | 36 | | Annotated Code of Maryland 16 |
---|
43 | 37 | | (2023 Replacement Volume and 2024 Supplement) 17 |
---|
44 | 38 | | |
---|
45 | 39 | | SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 18 |
---|
46 | 40 | | That the Laws of Maryland read as follows: 19 |
---|
47 | 41 | | |
---|
65 | | - | (3) (i) Provides for a penalty for the late payment of rent in excess of 9 |
---|
66 | | - | 5% of the amount of UNPAID rent due for the rental period for which the payment was 10 |
---|
67 | | - | delinquent; or 11 |
---|
| 70 | + | (2) If the landlord includes in any lease a provision prohibited by this 15 |
---|
| 71 | + | section or made unenforceable by § 8–105 of this title or § 8–203 of this subtitle, at any time 16 |
---|
| 72 | + | subsequent to July 1, 1975, and tenders a lease containing such a provision or attempts to 17 |
---|
| 73 | + | enforce or makes known to the tenant an intent to enforce any such provision, the tenant 18 |
---|
| 74 | + | may recover any actual damages incurred as a reason thereof, including reasonable 19 |
---|
| 75 | + | attorney’s fees. 20 |
---|
73 | | - | (g) (1) Any lease provision which is prohibited by terms of this section shall be 15 |
---|
74 | | - | unenforceable by the landlord. 16 |
---|
75 | | - | |
---|
76 | | - | (2) If the landlord includes in any lease a provision prohibited by this 17 |
---|
77 | | - | section or made unenforceable by § 8–105 of this title or § 8–203 of this subtitle, at any time 18 |
---|
78 | | - | subsequent to July 1, 1975, and tenders a lease containing such a provision or attempts to 19 |
---|
79 | | - | enforce or makes known to the tenant an intent to enforce any such provision, the tenant 20 |
---|
80 | | - | may recover any actual damages incurred as a reason thereof, including reasonable 21 |
---|
81 | | - | attorney’s fees. 22 |
---|
82 | | - | |
---|
83 | | - | SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect 23 |
---|
84 | | - | October 1, 2025. 24 |
---|
85 | | - | |
---|
86 | | - | |
---|
87 | | - | |
---|
88 | | - | |
---|
89 | | - | Approved: |
---|
90 | | - | ________________________________________________________________________________ |
---|
91 | | - | Governor. |
---|
92 | | - | ________________________________________________________________________________ |
---|
93 | | - | Speaker of the House of Delegates. |
---|
94 | | - | ________________________________________________________________________________ |
---|
95 | | - | President of the Senate. |
---|