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Vermont Standard Residential Lease Agreement

A Vermont standard residential lease agreement is a rental contract with a fixed term, usually one year. It legally binds a landlord and a tenant to a set of terms and conditions related to the rental of a property.
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Rental Application – Used by landlords to verify a potential tenant’s credentials (e.g. credit check, income, etc.).

Required Disclosures (1)

  1. Lead-Based Paint Disclosure – If a property was built before 1978, it’s possible the walls and ceiling contain lead-based paint. Landlords renting these properties must disclose this to new tenants.

Security Deposit Laws

Maximum Amount – No statute.

Returning – Security deposits must be returned within 14 days of the termination of a tenancy, and deductions must be itemized in a written list.[1]

Rent Payment Laws

Grace Period – No statute.

Maximum Late Fee – A late fee must be “reasonable” according to state law.[2]

NSF Fee – No statute.