21.0943.01000
Sixty-seventh
Legislative Assembly HOUSE BILL NO. 1442
of North Dakota
Introduced by
Representatives Buffalo, Adams, P. Anderson, Hager, Schneider
Senators Clemens, Hogan
1 A BILL for an Act to amend and reenact section 47-16-20 of the North Dakota Century Code,
2 relating to late fees on rents under a rental agreement.
3 BE IT ENACTED BY THE LEGISLATIVE ASSEMBLY OF NORTH DAKOTA:
4 SECTION 1. AMENDMENT. Section 47-16-20 of the North Dakota Century Code is
5 amended and reenacted as follows:
6 47-16-20. Rents - When payable - Late fees.
7 1. When there is no contract or usage to the contrary, the rent of agricultural and wild
8 land shall beis payable yearly at the end of each year. Rents of lodgings shall beare
9 payable monthly at the end of each month. Other rents shall beare payable quarterly
10 at the end of each quarter from the time the lease takes effect. The rent for a lease
11 shorter than the periods herein specified shall be in this subsection is payable at the
12 termination of the lease.
13 2. If a rental payment by a lessee for a lodging is not made by the end of the month, or
14 by a date otherwise specified in the rental agreement, a lessor may charge a late fee
15 in an amount not to exceed eight percent of the overdue rent payment.
Page No. 1 21.0943.01000

Statutes affected:
INTRODUCED: 47-16-20