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MD HB273

Bill

Official Source

Status

Passed

5/13/2025

Primary Sponsor

Nick Allen

Click for details

Origin

House of Delegates

2025 Regular Session

AI Summary

  • Late payment penalties in residential leases are now capped at 5% of the unpaid rent rather than 5% of the total amount due for the rental period
  • Weekly rental leases retain existing caps of $3 per week or $12 per month maximum for late penalties
  • Lease provisions violating these penalty limits are unenforceable, and tenants may recover actual damages plus reasonable attorney's fees if landlords attempt to enforce prohibited provisions
  • Effective October 1, 2025

Legislative Description

Residential Leases - Late Payment Penalties - Calculation

Contracts

Last Action

Approved by the Governor - Chapter 580

5/13/2025

Committee Referrals

Judicial Proceedings2/17/2025
Environment and Transportation1/8/2025

Full Bill Text

No bill text available