Maine Standard Residential Lease Agreement
The Maine Standard Residential Lease Agreement is an official document that outlines the terms and conditions both parties agree to strictly follow upon the signing of the agreement. Once the landlord and tenant(s) have signed the lease, the landlord will require the tenant to pay a security deposit. This serves as a form of insurance for the duration of the lease, covering the cost of any damage to the property, missed payment(s), and other expenses the tenant can potentially cost to the landlord. In Maine, the landlord is restricted to charging a maximum of two (2) months’ rent according to § 6032.
Maine Lease Laws – Title 14 §§ 6000 to 6039