What Should I Look for in a Lease Before I Sign?

1. Security deposit

How much, where it's held, and when you get it back. Most states cap deposits at 1–2 months' rent and require return within 14–30 days with itemized deductions.

2. Auto-renewal

If you don't give notice by a specific date (often 60 days before expiration), the lease can renew automatically — sometimes at a landlord-set rate. Calendar the deadline.

3. Early termination

What does it cost to leave early? A flat 1–2 months' rent fee is fair. 'Owe all remaining rent' is not.

4. Late fees and grace period

A 3–5 day grace period and a flat or capped percentage fee is normal. Daily compounding fees may be illegal in your state.

5. Landlord entry

24–48 hours written notice is standard. 'Enter at any time' is a privacy red flag.

6. Maintenance and repairs

Major systems (HVAC, plumbing, appliances) should be the landlord's responsibility, with a defined response time.

7. Pet, guest, and roommate rules

Pet deposits, monthly pet rent, overnight-guest limits, and roommate-replacement rules can all become real problems.

8. Disclosures and lead/asbestos

For pre-1978 buildings, lead-based paint disclosure is federally required. Confirm any state-specific disclosures (mold, bedbugs, flood zone).

Related clause explainers

• Security Deposit Clause
• Auto-Renewal Clause
• Early Termination Clause
• Late Fees Clause
• Entry Notice Clause

Related questions

• Can I negotiate a lease clause?
• How to spot unfair contract terms