An Virginia lease agreement is used when renting rental property and it is a contract between the Landlord and Tenants in exchange for monthly rent payments.
Form Options By Type
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
What to Include in the Form?
Required Disclosures (8)
Lead-Based Paint Disclosure
Defective Drywall Disclosure
Methamphetamine Disclosure
Military Air Zone Disclosure
Move-In Checklist
Mold Disclosure
Electronic Notice Disclosure
Ratio Utility Billing Disclosure
Source: § 55.1-1214(A), § 55.1-1212(B)
Security Deposits
Maximum – The maximum amount Landlords can request from Tenants equals two (2) months rent.
Returns – Landlord must be return all security deposits to the Tenant within 45 days of the lease end date.
Source: § 55.1-1226(A)
Landlord Access
General Access – Landlords must provide prior notice before entering the premises as per state law of least 72 hours notice to the Tenants.
Source: § 55.1-1229(4)
Paying Rent
Grace Period – Five (5) day grace period.
Late Fees – 10% of the monthly rent.
NSF Fee – $50 per bounced check.
Source: § 8.01-27.1(B)