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The Maryland Residential Lease Agreement form serves as a critical document for both landlords and tenants, outlining the terms and conditions of renting a residential property. This form typically includes essential details such as the names of the parties involved, the address of the rental property, and the duration of the lease. It specifies the amount of rent due, payment methods, and any late fees that may apply. Additionally, the agreement addresses security deposits, outlining how much is required and the conditions for its return. Maintenance responsibilities are also delineated, clarifying which party is responsible for repairs and upkeep. Furthermore, the form may include provisions regarding pets, subleasing, and termination of the lease, ensuring both parties understand their rights and obligations. By clearly defining these aspects, the Maryland Residential Lease Agreement aims to foster a transparent and fair rental relationship, minimizing potential disputes and misunderstandings between landlords and tenants.
Maryland Residential Lease Agreement Preview
Maryland Residential Lease Agreement Template
This Lease Agreement ("Agreement") is entered into by and between ________________ ("Landlord") and ________________ ("Tenant"), collectively referred to as "Parties." The premises to be leased is located at ________________ ("Premises"), Maryland. This Agreement is subject to the Maryland Residential Landlord and Tenant Act and any other applicable state laws.
The terms and conditions of this Lease Agreement are as follows:
- Term: The lease begins on ________________ and ends on ________________.
- Rent: The monthly rent is $________________, payable on the first day of each month.
- Security Deposit: A deposit of $________________ is required before moving in, to cover any potential damages or unpaid rent. Maryland law requires the Landlord to return the deposit within 45 days after the lease ends, minus any deductions for damages beyond normal wear and tear.
- Late Fees: Rent paid after the 5th day of the month will incur a late fee of $________________.
- Utilities: Tenant is responsible for the payment of utilities including, but not limited to, electricity, gas, water, and sewage, unless otherwise agreed upon.
- Maintenance and Repairs: The Tenant must maintain the Premises in a clean and sanitary condition, and is responsible for repairs caused by their negligence or misuse. The Landlord is responsible for maintaining the property's structural aspects and providing a habitable living condition as per Maryland law.
- Alterations: Tenant shall not make any alterations to the Premises without the Landlord's written consent.
- Subletting: Tenant is not allowed to sublet the Premises or assign this lease without prior written consent from the Landlord.
- Pet Policy: ________________
- Termination: This lease can be terminated by either party giving 30 days written notice, as per Maryland law.
- Binding Effect: This Agreement is legally binding on both parties, their heirs, executors, administrators, and assigns.
Signatures:
Landlord: ___________________________________ Date: ________________
Tenant: ____________________________________ Date: ________________
By signing this Agreement, both parties agree to abide by its terms and conditions.
Form Specifications
| Fact Name | Description |
|---|---|
| Governing Law | The Maryland Residential Lease Agreement is governed by the Maryland Code, Real Property Article, Title 8. |
| Parties Involved | The agreement typically involves a landlord and a tenant, both of whom must be identified in the document. |
| Lease Duration | The lease can be for a fixed term, such as one year, or it can be a month-to-month agreement. |
| Security Deposit | Maryland law limits the security deposit to two months' rent for leases longer than one year. |
| Notice Requirements | Both landlords and tenants must provide written notice before terminating a lease, with specific timeframes depending on the lease type. |
| Habitability Standards | Landlords are required to maintain the rental property in a habitable condition, adhering to local health and safety codes. |
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