The Vermont standard rental lease agreement form is used when renting rental property. This document is a legally binding contract between the Landlord and Tenants in exchange for monthly rent payments. This agreement form becomes legally binding once signed by both parties.
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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 Disclosure Forms
Security Deposit Requirements
Maximum Amount – No limit.
Returning to Tenant – 14 days of the lease end date. The Landlord must provide an itemized list of deductions if any funds were deducted.
Source: 9 V.S.A. § 4461(c)
Landlord Rental Property Access
General Access – Landlords must give Tenants a 48-hours notice prior entry to rental unit.
Source: 9 V.S.A. § 4460(b)
Paying Rent and Late Fees
Grace Period -No grace period.
Late Rent Fees – The fee for late rent must be “reasonable” in Vermont.
NSF Fees – No law in Vermont mandating fees for bounced rent checks.
Source: 9 V.S.A. § 4467(a)
Recommendations
- North Star Leasing – website