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Updated almost 6 years ago,
MHP Landlord/Tenant Laws in NY
Hey guys,
I've been running into some hostile residents lately, so I've been brushing up on my knowledge of landlord/tenant law.
I came across the late fee policy from the state. They say that a landlord may not charge a late fee unless the resident is more than 10 days late on their rent. They also say that the late fee may not total more than 5% of the monthly rent charge.
Am I reading this correctly? I also found out that a resident who owns their own trailer has 90 days from the warrant to find somewhere else to live. I didn't know this either. This definitely changes my perspective on threatening troublesome residents with eviction.
Anyone else out there own a park in New York? Could you confirm/deny my understanding of these rules?
Thanks in advance!