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Rent and Fees However, some localities may have rent control regulations. Late Fees: 5% of monthly rent or less (MD Code, Real Property § 8-208(d)(3)). Grace Period: Is there a legal grace period for rent in Maryland? Fortunately for landlords, there is no mandatory grace period in Maryland.

Late Fees. Requirements to impose late rental penalties are: The rent must be more than 10 days late before the landlord can impose a late penalty; and, The late rent penalty cannot exceed 5% of the monthly rent and can only be assessed if the rent is more than 10 days late.

The city of Baltimore requires that all rental payments receive a receipt. Landlords are protected from non-payment, by eviction laws. Tenants must pay rent by the date specified on the lease (normally the first day of the month), or they can be subjected to late fees. Late fees cannot exceed more than 5% of the rent.

Maryland Real Property Code Section 8-208 states what must (an must not) be included in Maryland lease agreements. Section (3)(i) limits late fees to 5% of the amount of the rental period for which the payment was delinquent.

3. Timeline Lease Agreement or Type of TenancyNotice to ReceiveWeekly7-Day Notice to QuitMonthly60-Day Notice to QuitYearly90-Day Notice to Quit

Hear this out loud PauseA ?notice to vacate? from your landlord is not a court order. This is the written notice that a landlord must give you at least one month before your lease ends if they want you to move out at the end of the lease. If you do not move out, your landlord must go to court to try to evict you.