Agreement Options By Type
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Most Recent US Home Facts
- Population (2023): 334,914,895
- Median Households (2022): 125,736,353
- Median Household Income (2022): $75,149
- Owner-occupied Households (2022): 64.8%
Source: U.S. Census Bureau
Key Elements of the Delaware Rental Lease Agreement Form
Required Disclosures (3)
Landlord-Tenant Code – It is mandatory for landlords to provide new tenants with a copy of the “Summary of the Delaware Residential Landlord-Tenant Code”, which has been prepared and distributed by the Consumer Protection Unit of the Delaware Attorney General.
Lead-Based Paint Disclosure Form – If you are renting, buying, or selling a residential dwelling that was built before 1978, you must disclose whether or not the property contains lead-based paint.
Security Deposits
Maximum Amount – The maximum amount for yearly rental agreements is limited to one month’s rent. For month-to-month leases under Tenancy at Will, it is up to the landlord to determine the amount.
Return – The landlord must return the security deposit within 20 days of the tenant moving out, along with an itemized statement of any deductions.
Source: § 5514(a)
Landlord Access
The Landlord is required to provide the Tenant with a minimum of 48-hour notice before entering the leased premises.
Source: § 5509(b)
Paying Rent
Grace Period – Five (5) day grace period.
Maximum Late Fee – The maximum penalty amount shall not exceed 5% of the monthly rent.
NSF Fee – $50 per bounced check.
Source: § 5501(d)