Rental Application – Used to determine a tenant’s financial situation.
Required Disclosures (2)
1. Lead-Based Paint Disclosure & EPA Pamphlet – Landlords of any properties built before 1978 must notify their tenants of the possibility of the presence of lead-based paint.
2. Property Condition Statement – Both the landlord and tenant must sign a statement documenting the condition of the property before the tenant moves in.[1]
Security Deposit Laws
Maximum Amount – Up to two months’ rent from a tenant who has been convicted of a felony[2] or had a judgment against them for violating a previous lease.[3] For all other tenants, a landlord can collect one month’s rent.[4]
Returning – Any unused portion of the deposit must be returned to the tenant within 30 days of the end of the tenancy. Any deductions must be outlined in an itemized list.[5]