2A:44-189.1 Charging of late fee.
1. In addition to any other remedy available under the “Self-Service Storage Facility Act,” P.L.1983, C. 136 (C. 2A:44-187 et seq.), a reasonable late fee may be charged and collected by an owner for each month that the occupant’s rental payment for a storage space is in default.
For purposes of this section, a late fee of up to $20.00 or 18 percent of the monthly rent, whichever is greater, is reasonable and shall not constitute a penalty.
L.2017, C. 368, S.1.
Original Text maintained by the State of New Jersey:
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