Rental Application – A means for landlords to conduct background checks on prospective tenants.
Required Disclosures (4)
- Agent/Landlord Identification – The landlord’s contact information and contact information for any agent authorized to act on the landlord’s behalf must be disclosed to the tenant.[1]
- Lead-Based Paint Disclosure & EPA Pamphlet – If the property was built before 1978, the landlord must disclose to the tenant that lead-based paint could have been used.
- Shared Utilities – If utilities are shared, then the tenant must be made aware of how the charges get broken down.[2]
- Comprehensive Environmental Response Compensation and Liability Information System – If the property is listed on this system, the lease agreement must explicitly state it.
Rent Payment Laws
Grace Period – None.
Maximum Late Fee – If rent is $700 or less, then the late penalty can be a maximum of $12 per day and no more than $60 per month. If rent is more, the penalty can be a maximum of $20 per day and no more than $100 per month.[5]
NSF Fee – A landlord can charge $25 for a bad check.[6]