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Standard Residential Lease Agreement
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Simple (1-Page) Lease Agreement
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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
- Foreclosure
- Inventory and Condition of Premises
- Lead-Based Paint Disclosure
Security Deposit Requirements
Maximum – Equal to the total amount of three (3) months’ rent.
Returning to Tenant – Thirty (30) days of the lease end date.
Source: § 118A.242(1)
Landlord Access to Rental Property
General Access – A 24-hour (1-day) notice is required.
Emergency Access – Landlords can access the rental units at any given time in the event of an emergency.
Source: § 118A.330(3)
Paying Rent and Late Fees
Grace Period – 3-day Grace Period.
Maximum Late Fee – Five (5) percent of the monthly rent amount.
Notice for Rent Increases – For leases under thirty (30) days, a 30-day notice is required by Landlords. For all other lease types, a 60-day notice is required.
Source: § 118A.300