A Pennsylvania lease agreement is a contract that establishes an arrangement between a landlord and tenant for the leasing of a residential or commercial real estate. The document describes the property that is being rented, the length of the lease, the rental fee, and any deposit that the landlord requires.
A Pennsylvania lease agreement is a contract that establishes an arrangement between a landlord and tenant for the leasing of a residential or commercial real estate. The document describes the property that is being rented, the length of the lease, the rental fee, and any deposit that the landlord requires.
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A Pennsylvania lease agreement is a contract that establishes an arrangement between a landlord and tenant for the leasing of a residential or commercial real estate. The document describes the property that is being rented, the length of the lease, the rental fee, and any deposit that the landlord requires.
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Rental Application – By implementing an application process, landlords can obtain potential tenants’ rental, employment, and credit histories before entering into an agreement.
Maximum Amount ($) – For the first year of tenancy, the landlord may not charge more than two months’ rent. For every subsequent year, the amount can’t exceed one month’s rent . [2]
Collecting Interest – The tenant is entitled to interest earned on the security deposit at the end of the third year of tenancy and each subsequent year . [3]
Returning to Tenant – The security deposit must be returned to the tenant within 30 days from the lease termination date or when the tenant surrenders the property (whichever comes first). [4]
Itemized List Required? – Yes, a list of damages must be provided to the tenant if the landlord keeps any of the security deposit.
Separate Bank Account? – Yes, any security deposits that exceed $100 must be kept in an escrow account. [6]
General Access – No Pennsylvania statute mentions a notice period for landlord access, but tenants mus t give reasonable access for the landlord to do maintenance, repairs, and property showings. [7] Landlords may utilize a notice to enter to prepare tenants for when access is needed.
Immediate Access – There are no laws that describe the circumstances under which the landlord may enter the property without notice.
Grace Period – No law requires a landlord to provide a grace period before charging a tenant late fees.
Maximum Late Fee ($) – Pennsylvania has no legislative limitations on late fees.
Withholding Rent – If the tenant proves that the property is not habitable , and following notification, the landlord hasn’t remedied the problem within a reasonable amount of time, the tenant may repair the problem and deduct the cost from the rent, or withhold rent until the premises is deemed habitable. [8]
Non-Payment of Rent – The landlord may serve the tenant with a 10-day notice to quit to inform them that they must pay or quit if they fail to pay rent on time . [9]
Non-Compliance – If the tenant breaches the terms of their lease, the landlord can serve a 15-day notice to quit if the lease is for one year or less, or a 30-day notice to quit for leases longer than one year. [10]
Lockouts – The landlord must receive a court order before tenants can be locked out of the rental unit . [11]
Leaving Before the End Date – Landlord remedies for tenant abandonment are not mentioned in the state statutes.
Month-to-Month Tenancy – Landlords and tenants may use a notice to terminate month-to-month tenancy to end the rental agreement. The party terminating the agreement must give at least 15 days’ notice. [12]
Unclaimed Property – Landlords must provide tenants with a 10-day written notice to collect their personal property before it may be disposed of. [13]
