Rental Application – Used by landlords to verify a prospective tenant’s financial circumstances and ability to pay rent.
Required Disclosures (1)
- Lead-Based Paint Disclosure – The landlord must inform the tenant of the possibility of lead-based paint on the premises if built before 1978.[1]
Security Deposit Laws
Maximum Amount – A landlord may not require a security deposit exceeding two months’ rent.[2]
Returning to Tenant – The landlord must return the deposit within 60 days of the termination of the lease agreement.[3]
- Itemized List – The landlord is required to mail an itemized list of any deductions made from the security deposit via first-class mail to the tenant’s forwarding address.[4]
- Unable to Locate Tenant – If the payment is returned and the landlord cannot locate the tenant, then after 180 days the deposit becomes the landlord’s property.[5]
Rent Payment Laws
Grace Period – Not specified in state law.
Late Fee – Not specified in state law.
NSF Fee – If a tenant’s rent check bounces, the landlord can charge a fee of $30 per check.[6]