Skip to main content

North Carolina General Statutes Chapter 47H. Contracts for Deed § 47H-7. Late fees

Welcome to FindLaw's Cases & Codes, a free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.

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.

Cite this article: FindLaw.com - North Carolina General Statutes Chapter 47H. Contracts for Deed § 47H-7. Late fees - last updated January 01, 2020 | https://codes.findlaw.com/nc/chapter-47h-contracts-for-deed/nc-gen-st-sect-47h-7.html


FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.

Was this helpful?

Thank you. Your response has been sent.

Copied to clipboard