The Massachusetts Association of Realtors Residential Lease Agreement consists of 22 items outlining disclosures, terms, and conditions. Some sections require information to be filled in. Once these details are completed, agreed upon by the landlord and tenant, and the contract is signed, it becomes enforceable.
What’s included in the Massachusetts Association of Realtors (MAR) Residential Lease Agreement?
The Massachusetts Association of Realtors (MAR) Residential Lease Agreement includes the following rules and responsibilities for landlords and tenants in Massachusetts:
- Parties Involved – Names and contact details of the landlord and tenant.
- Property Description – The rental property’s address and details.
- Lease Term – The start and end dates of the lease, whether it’s a fixed term or renewable.
- Rent Details – Monthly rent amount, payment due date, methods of payment, and late fees.
- Security Deposit – The deposit amount, rules for its return, and where it will be held.
- Utilities and Services – Which utilities (electricity, water, or heat) the landlord or tenant is responsible for.
- Maintenance and Repairs – Who handles property upkeep and how to report issues.
- Occupancy Limits – Names of people allowed to live in the property and rules about subletting.
- Pet Policy – Whether pets are allowed and any extra fees or restrictions.
- Legal Disclosures – Required information, like lead paint warnings for older properties.
- Termination Conditions – How and when the lease can be ended by either party.
- Additional Rules – Other terms, like smoking policies, noise rules, or property changes.