Vermont Standard Residential Lease Agreement

A landlord should ensure they state all conditions of a lease in a Vermont Standard Residential Lease Agreement. The advantage of the agreement provided here is that in addition to providing a general framework for the lease, it also includes more minute details about it. For example, one section addresses which utilities and appliances the owner will provide/pay for, and which ones (if any) the tenant will be responsible for handling.

State Laws & Maximum Security Deposit

State Laws Title 9, Chapter 137, “Residential Rental Agreements”

Maximum Security Deposit – State law does not provide any guidance about the amount a landlord may charge a tenant for a security deposit. Due to this, it is up to the landlord to decide. They are, however, recommended to make the amount fair to both parties e.g. the amount of one (1) month’s rent.