An Ohio standard lease agreement is a legally binding document between a landlord and tenant outlining the terms of renting a property for a specific duration. Typically, this standard lease covers a period of one year.
Considerations on Lease Length
- There is no specific maximum lease duration. Leases determine their own length as long as the term is specific and agreed upon in writing by both the landlord and tenant.
- Maximum Amount ($): No state-imposed limit.
- Returning to Tenant: Within 30 days. (§ 5321.16(B))
Rent Grace Period
There is no rent grace period for paying rent. However, It can be specified in the lease, including late fees.