Official Code of Georgia Annotated

Title 10. COMMERCE AND TRADE · Chapter 4. WAREHOUSEMEN · Article 5. SELF-SERVICE STORAGE FACILITIES

10-4-217. Late penalty; calculations; application.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

(a)
Pursuant to the terms of a rental agreement, an owner may charge and collect a fee from an occupant for the late payment of rent that is to be paid under a rental agreement. Such fee shall be no more than $20.00 per month for each month there is a late payment of rent or 20 percent of the monthly rent for each month there is a late payment of rent, whichever is greater.#
(b)
This Code section shall only apply to rental agreements entered into, extended, or renewed, and the late payment of rent occurring, on or after July 1, 2019.#

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

Code 1981, § 10-4-217, enacted by Ga. L. 2019, p. 789, § 4/SB 97.

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Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t10-(v8)-2024-pdf.pdf, Volume V8, 2024 edition, page 716; merge action: carried; file SHA-256 7afbade16da7.

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