Is anyone familiar with late fee laws in Maryland for a commercial property?

They typically charge 10% as a late fee.

•The applicant pays the background check fee and I don't have to deal with it myself•Can set your own logic and rules around what kinds of late fees to charge and when to charge them and if a tenant is late paying those rules are automatically applied•Can set the payment rules to not accept partial payments.

If he expects you to accept rent payments 3 weeks late every month--will you just do that with no repercussion because he "expects" you to (???)

Hey Adolphus - with DSCR you would need to be a personal guarantor, but it would not report to credit (as long as it is in an LLC and you don't go past 90 days late on mortgage payments). 

It seems we all wait till late spring and their trying to re-list sells / fails and they are  more open to creative offers.   

Hi Dave,Forgive the late reply; I'm new to the BP forum, but thoughtI'd offer my thoughts.

Some states/cities legally require you to renew leases if they have not violated one of the "for-cause" eviction criteria (destruction of property, late/no payment, violation lease, etc.)

I haven't been on this site as much lately and in my email I get so much junk mail that sometimes I miss things.

I did think to change the discussion category after the fact but alas it was too late.