BuyingFirst-Time Home BuyersHow Much House Can I AffordDown PaymentsCredit Scores & MortgagesFHA LoansVA LoansUSDA LoansJumbo LoansEscrow ExplainedClosing CostsHome InspectionsAppraisals
SellingPricing Your HomeHome StagingPre-Listing RepairsMarketing Your ListingNegotiating OffersSeller DisclosuresThe Closing ProcessCapital Gains on a Home SaleSelling Cost Calculator
InvestingRental Property InvestingThe BRRRR MethodHouse FlippingShort-Term RentalsMultifamilySelf StorageMobile Home ParksREITsReal Estate Syndications1031 ExchangesDSCR CalculatorCap Rate Calculator
CalculatorsMortgage CalculatorRefinance CalculatorAmortization ScheduleAffordability CalculatorLoan ComparisonCash Flow CalculatorCap Rate CalculatorNOI CalculatorDSCR CalculatorROI CalculatorClosing Cost CalculatorProperty Tax CalculatorHouse Flip CalculatorRent vs BuyAll 16 calculators
ResourcesLearning CenterReal Estate GlossaryBlogDownloads & ChecklistsState GuidesCity GuidesHousing Market DataEconomic ReportsProperty ManagementCommercial Real EstateInsuranceLegal ResourcesHome ImprovementMoving
Property ManagementCommercialMarket TrendsLearning CenterState GuidesCity GuidesGlossaryAbout
Property Management

Lease Agreements: The Clauses That Matter and the Ones That Are Void

Essential lease provisions, security deposit rules, maintenance and entry terms, unenforceable clauses, and renewal strategy.

Key takeaways

  • A lease is governed by state statute — clauses conflicting with law are void regardless of signature.
  • Security deposit limits, holding rules, and return deadlines vary sharply by state.
  • Define maintenance responsibility, entry notice, and default remedies explicitly.
  • Attempts to waive habitability or statutory tenant rights are generally unenforceable.

What every lease must contain

Parties and all occupants, property address and any included parking or storage, term and dates, rent amount and due date, accepted payment methods, late fee terms consistent with state limits, security deposit amount and handling, utility responsibility, maintenance obligations, entry notice terms, pet terms, and conditions of default.

Attach required disclosures. Federal law requires lead-based paint disclosure for pre-1978 housing. States add their own: mold, bed bug history, flood zone, radon, sex offender registry notices, and rent control status among them.

Security deposits are heavily regulated

States regulate the maximum deposit, whether it must be held in a separate or interest-bearing account, the deadline to return it after move-out, and the itemization required for deductions. Deadlines commonly run 14 to 45 days. Missing them can forfeit your right to deduct at all, and several states impose double or treble damages.

Document condition at move-in with a signed checklist and timestamped photographs of every room. Repeat at move-out. Deposit disputes are decided on documentation, and the landlord carries the burden of proof in most jurisdictions.

Clauses that will not hold up

Waivers of habitability, waivers of the right to a jury trial in some states, self-help eviction rights such as changing locks or shutting off utilities, blanket liability waivers for landlord negligence, automatic forfeiture of the deposit, and unreasonable late fees are commonly void.

Including a void clause does not merely fail — in some states it exposes you to penalties and can invalidate related provisions. Use a lease drafted for your specific state and have an attorney review it once. That review is cheaper than one contested case.

Renewals and rent increases

Decide renewal terms 60 to 90 days before expiration. Turnover costs — vacancy, make-ready, marketing, and screening — commonly run one to two months of rent, which means a below-market renewal often beats a market-rate re-lease.

Rent increase notice requirements vary by state and by increase size; some jurisdictions require 30 days, others 60 or 90 for larger increases. In rent-stabilized jurisdictions, increases are capped. Verify before sending the notice.

Frequently asked questions

Month-to-month or fixed term?

Fixed terms give revenue certainty; month-to-month gives flexibility to reprice or regain possession. Many operators use fixed terms with month-to-month conversion, often at a premium.

Can I raise rent mid-lease?

Not on a fixed-term lease unless the lease expressly provides for it, which is unusual and sometimes restricted.

What about joint and several liability?

Standard for roommates: each tenant is liable for the full rent. State it explicitly so one departing roommate does not release the others.

Sources & further reading

  1. State landlord-tenant statutes and security deposit provisions
  2. 24 CFR Part 35, Lead-Based Paint Disclosure Rule
  3. Uniform Residential Landlord and Tenant Act

Figures and rules change. Verify current requirements with the issuing agency or a licensed professional before acting.

Alina Chen

Editor, Property Management · CPM candidate, former regional manager

Alina managed a 1,400-unit scattered-site portfolio for nine years and has sat through more eviction dockets than she cares to count. She covers leasing, screening, maintenance systems, and landlord-tenant law.

More from Alina