Massachusetts Standard Residential Lease Agreement Form – PDF Template
The Massachusetts residential lease agreement is a one (1) year contract that binds the landlord to the terms that both must abide. For the most part, as long as the tenant pays the rental amount every month, he or she will not be in violation of any of the terms. The landlord is encouraged to check the credit and rental history of the tenant by asking for them to fill in an application. There may be a fee for this service and after reviewing their qualifications may come to a decision on whether a contract should be granted. Once both parties authorize the agreement and the Security Deposit and first (1st) month of rent is collected the tenant will be given the keys and full access to the residence.
- Massachusetts Association of Realtors Lease Agreement
- Massachusetts (Greater Boston) Apartment Lease Agreement
- Massachusetts Standard Residential Lease Agreement
Security Deposit Laws
Maximum Amount ($) – The landlord may demand the tenant for an amount equaling first (1st) and last month’s rent (two (2) months total) as a security deposit (§ 15B(1)(b)(i-ii)).
Returning – Security deposits must be returned within thirty (30) days from the date that the tenant vacated the property (§ 15B(4)).
Lead-Based Paint Disclosure – In accordance with federal law, potential tenants of any property built before 1978 must sign off on a notice that states the possible presence of lead paint.
Fire Insurance – Upon written request, the landlord must disclose the property’s fire insurance policy to the tenant within fifteen (15) days of the request (§ 21).
Inventory Checklist – A maximum of fifteen (15) days after the landlord receives a security deposit or from tenancy start date (whichever is later), the landlord must issue the tenant with a notice of the property’s current condition and, furthermore, allow the tenant to write down any additional defects (§ 15B(2)(c)).
Security Deposit Disclosure – Within thirty (30) days of accepting a security deposit, the landlord must give the tenant a notice that includes the landlord’s name, the amount of deposit, the bank location, and the account number (§ 15B(2)(a)).
Rent Grace Period
Tenants must be given a grace period of thirty (30) days to pay their rent before the landlord can apply any interest or late fees (§15B(1)(c)).