California Business and Professions Code

§ 21713.5

BPC § 21713.5 Effective Jan 1, 2001Div. 8 · Ch. 10

Statute text

(a)The owner of a self-service storage facility may assess a reasonable late payment fee if an occupant does not pay the entire amount of the rental fee specified in the rental agreement, subject to the following requirements:

(1)No late payment fee shall be assessed unless the rental fee remains unpaid for at least 10 days after the date specified in the rental agreement for payment of the rental fee.

(2)The amount of the late payment fee shall be specified in the occupant’s rental agreement.

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Legislative history

Added by Stats. 2000, Ch. 156, Sec. 2. Effective January 1, 2001.