Massachusetts standard rental lease agreement is a legal contract used when renting property to Tenants. The tenant pays the landlord each month until the end date. It is common for the landlord to conduct a credit check on the tenant before finalizing the lease. Abide the Sanitary Code.
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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
Required Disclosures in Massachusetts(5)
Security Deposit Requirements
- Maximum Amount – One (1) month’s rent as the max deposit amount allowed for Landlords to request from Tenants.
- Returns – Thirty (30) days from the lease end date.
- Depositing – Failure to comply with MA procedural deposit requirements may result in penalties up to three times the amount of the security deposit, and a 5% penalty, and cover all of the Tenant’s legal fees.
Source: § 15B(1)(b)(iii)
Grace Period Notice
Landlords can issue 14-day notice to quit.
Source: § 15B(1)(c)
Late Rent Fees
Maximum Penalty – No max. limit.
NSF Fee – 1% for checks of $2,500 or more. A $25 fee for bounced checks under $2,500.
Source: § 57A
Landlords Right to Enter
The Landlord is must provide reasonable notice before entering the rental property.
Source: § 410.810