A Louisiana rental agreement is a legal contract between a landlord and tenant for a property. The tenant maintains the property and pays monthly rent. The landlord should run a credit check and verify income before approving the lease.
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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
This Form Must Include the Following
Disclosures
Security Deposits
Returning – After the tenancy end date, the landlord is required to return the security deposit to the tenant within one (1) month. If the landlord fails to do so, they will be charged a penalty of $300 or twice the amount of the deposit, whichever is greater.
Paying Rent
Grace Period – Payment of rent must be made on the designated date as outlined in the lease agreement. It is important to note that there is no period of grace in the state of Louisiana. In the event of non-payment, the landlord has the right to impose a fee and issue a 5-day notice to vacate the premises.
Maximum Late Fee – There is no maximum allowable penalty that a landlord can charge in Louisiana, as long as the amount is specified in the lease agreement.
Returned Checks (NSF) – $25 or 5% of the amount of a dishonored check, whichever is greater.
Source: RS 9:2782(B)