A Wisconsin Standard Lease Agreement is a formal contract that defines the rental terms between a landlord and tenant.
Following the approval of the tenant’s qualifications, discussions commence regarding the responsibilities of both the landlord and tenant, as well as the determination of the rental amount.
Considerations on Lease Length
- A lease or contract for more than a year must be in writing to be enforceable (Wis. Stat. § 704.03).
Security Deposit
- Maximum Amount ($): No state-imposed limit.
- Returning to Tenant: Within 21 days (§ 134.06(2)).
Rent Grace Period
There is no legally mandated grace period for rent payments.
Landlord Resources
- Landlord-Tenant Laws – Chapter 704 (Landlord & Tenant).
- Handbook – Landlord-Tenant Guide (PDF).
