N.C. Gen. Stat. § 47H-7

Current through Session Law 2024-56

Section 47H-7 - Late fees

No seller may charge a late payment charge under a contract for deed in excess of four percent (4%) of the amount of the payment past due. A late fee may only be charged on payments that are more than 15 days past due.

N.C. Gen. Stat. § 47H-7

Added by 2010 N.C. Sess. Laws 164,s. 4, eff. 10/1/2010.