Ohio Standard Residential Lease Agreement

1. Lead-Based Paint Disclosure & EPA Pamphlet – Tenants moving into properties built before 1978 must know that lead-based paint could be on the walls or ceiling.

Maximum Amount – None.

Collecting Interest – If the deposit is more than $50 or the equivalent of one month’s rent, whichever is greater, and the lease is at least six months, the landlord must hold the funds in an interest-bearing account with a 5% annual rate.^[1]

Returning – Unused deposits must be returned within 30 days of the end of a lease agreement.^[2]

Grace Period – None.^[3]

Maximum Late Fee – None.

NSF Fee – The landlord can charge up to $30 or 10% of the check amount, whichever is greater, as a penalty for a bad check.^[4]