A Tennessee standard residential lease agreement is a formal document outlining the terms of a typical residential rental arrangement between a landlord and tenant. This document includes specifics about the rental terms and conditions, including the rental amount, lease duration, and payment due dates.
It also highlights responsibilities for property maintenance and protocols for handling late payments. Furthermore, it states the conditions under which the parties can terminate or renew the lease.
Lease Length Considerations
- It’s generally possible to have a lease of any length as long as the duration is specified and agreed upon in writing by both the landlord and the tenant.
Required Disclosures
- Identification of the property owner
- Disclosure of property showing rights
- Disclosure of lead-based hazards
- Security deposit notice
- Notice of abandoned personal property
Our Tennessee lease agreement page explains the disclosures in greater detail.
Security Deposit
- Maximum Amount ($): No state-imposed limit.
- Returning to Tenant: Within 30 days. [1]
Rent Payment
- Grace Period: There is a statutory 5-day grace period for rent payments. [2]
- Maximum Late Fee: The landlord can’t charge more than 10% of the past-due amount. [2]
- NSF Fee: $30 per bad check is the maximum NSF fee. [3]
Landlord Resources
- Landlord-Tenant Laws – § 66-28 (Uniform Residential Landlord and Tenant Act).
- Handbook – Tennessee Legal Rights and Duties.
