N.C.G.S. § 47H-7

Late fees.

Effective date: 2026-08-08
Last verified: 2026-08-09
Source: official source
Revision history: view all versions

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. (2010-164, s. 4.)