Maryland Standard Residential Lease Agreement Template
The Maryland standard residential lease agreement is designated for landlords and tenants seeking a fixed term arrangement, usually of one (1) year, with monthly payments to be made on the first (1st) of each month. After the tenant commits to renting a residential property, the landlord will usually ask that they undergo a background check through the rental application. Once approved, the landlord will decide upon the security deposit, which can be any amount equal to a maximum of two (2) months’ rent.
Laws – Maryland Code, Real Property, Title 8 – Landlord and Tenant (see also Attorney General’s guide for Landlords and Tenants)