Below are free lease templates that homeowners can use for their rental properties. These leases comply with all state and regional laws applicable to landlords and DHCA encourages their use to protect the rights of both the tenant and the landlord. The DHCA Manual is a guide to the rights and obligations of landlords and tenants. You must now provide a copy of the DHCA manual (available here) with each rental agreement, unless the tenant signs a statement rejecting your copy and agreeing to a transfer to a copy, which can be found on the Montgomery County website here. Disclosures required to receive the deposit. Withholding and return of the deposit; Accumulation of interest. Pursuant to Section 8-203(e) of the Maryland Real Property Code, the landlord must refund the security deposit to the tenant within 45 days of termination of the lease, as well as the simple interest accrued at the U.S. Treasury Department`s daily interest rate for one year from the first business day or each year. or 1.5% per year, whichever is greater, less the legally withheld damages. Interest accrues at monthly intervals from the date the tenant deposits this security with the landlord, provided that the security deposit is fifty dollars ($50.00) or more. No interest is due or payable: (1) unless the landlord has kept the deposit for at least six months; or (2) for a period of less than one full month. The above provisions do not apply to tenants who have left the premises or who have been evicted, unless that tenant requests the refund of the deposit in writing within 45 days of the eviction, eviction or exit from the premises and informs the owner of the new address of the tenant.
Apportionment of costs. If the landlord or tenant claims a fee to repair the damage to the premises, the claimant must provide a surcharge for that fee. Upon written request, the claimant must substantiate the allegations. Repairs are not completed within 45 days. The lessee`s obligations under this lease do not end when the lessee no longer occupies the premises. The necessary repairs may be so important or such that the work is not completed within 45 days of the end of the lease. In this case, the owner reserves the right to sue the tenant for the reimbursement of the costs incurred for the damages. In case of sale of the property on which the premises are located or transfer or assignment of this rental agreement by the owner, the owner is obliged to transfer the deposit to the buyer. .
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