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Once we've built a lease you're happy with, send the lease to your tenants to sign online. They'll receive a copy once you've finalized the rental agreement.
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Late Charges
Rent received by the Landlord later than the fifth (5th) day after the due date will incur a late charge in the amount specified on the first page of this Lease; provided, however, that such late charge shall not exceed five percent (5%) of the overdue rent payment, or any other maximum amount or percentage allowed under applicable law. If Tenant mails rent to Landlord, the late charge will apply if the rent is received later than the fifth (5th) day of the month, regardless of the date Tenant mailed such rent payment. If a payment of rent is made by personal check which is later dishonored by the Tenant's bank, Tenant shall be assessed any bank charges incurred by Landlord as a result of such dishonored check, in addition to the rent and late charge due on the payment of rent. The Landlord, at the Landlord's sole discretion, may waive the late charges.
Once we've built a lease you're happy with, send the lease to your tenants to sign online. They'll receive a copy once you've finalized the rental agreement.
Read our full maryland landlord-tenant ordinance and state guide to learn more about applicable laws and ordinances. Our lease templates are based on the information gathered in these guides.
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