Bill > SB2236

This bill amends Section 47-16-20 of the North Dakota Century Code to clarify existing rent payment rules and introduce a standardized late fee provision for lodging rentals. The bill maintains the existing guidelines for when different types of rent (agricultural, lodging, and other) are payable, such as yearly, monthly, or quarterly, depending on the type of property and lease terms. The key new provision allows landlords of lodging properties to charge a late fee if a tenant does not pay rent by the end of the month or another date specified in the rental agreement. Specifically, the late fee is capped at 8% of the overdue rent payment, which provides a clear, consistent rule for handling late rental payments. This change provides landlords with a predictable mechanism for addressing late rent while also protecting tenants by setting a reasonable maximum late fee.

Business and Industry

https://ndlegis.gov/assembly/69-2025/regular/bill-overview/bo2236.html