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Late fees.

G.S. 47H-7
in effect
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§ 47H-7.  Late fees. 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.)
Source: North Carolina General Assembly (ncleg.gov)URL: https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_47H/GS_47H-7.htmlFetched: 10/19/2026

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