Assessments & Dues · Maryland
Md. Code, Real Prop. 11B-112.1
Late charge on delinquent assessments
At a glance
- Late charge
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$15 or one-tenth of the delinquent amount, whichever is greater
“late charge of $15 or one-tenth of the total amount of any delinquent assessment or installment, whichever is greater”
- Charge frequency
-
Not more than once for the same delinquent payment
“the charge may not be imposed more than once for the same delinquent payment”
- Minimum delinquency
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At least 15 calendar days
“may be imposed only if the delinquency has continued for at least 15 calendar days”
Each fact is shown with the exact words of the statute it comes from. Your association's governing documents may also apply.
Official text
Copy retrieved from mgaleg.maryland.gov. Always rely on the official source for the current version.
Show the full text of Md. Code, Real Prop. 11B-112.1
The same topic in other jurisdictions
British Columbia · Strata Property Act, s. 108 Illinois · 765 Ill. Comp. Stat. 605/9 Maryland · Md. Code, Real Prop. 11B-117 Ontario · Condominium Act, 1998, s. 84 Oregon · Or. Rev. Stat. 94.645 Oregon · Or. Rev. Stat. 94.704 Pennsylvania · 68 Pa.C.S. 5314 Texas · Tex. Prop. Code 209.0062 Virginia · Va. Code 55.1-1824 Virginia · Va. Code 55.1-1826 Washington · Wash. Rev. Code 64.90.525 Compare assessments & dues laws side by side →This page is general legal information, not legal advice, and Harrington Community is not a law firm. For advice about your situation, contact a licensed attorney or your state bar's lawyer referral service.