New Hampshire Residential Lease Agreement

Standard New Hampshire Residential Lease Agreement Template_1 on iPropertyManagement.com

A New Hampshire residential lease agreement (“rental agreement”) is a legal contract between a landlord overseeing a residential property and a tenant who wishes to rent it. A residential lease may, on or before move-in, additionally require a security deposit from the tenant as assurance against future property damage.

New Hampshire Residential Lease Agreement Disclosures

These disclosures are required for some or all residential lease agreements in New Hampshire:

Disclosure Applicable To
Move-In Checklist All Units Collecting a Security Deposit
Security Deposit Holdings All Units Holding a Security Deposit
Lead Paint All Units Built Before 1978

Move-In Checklist

Applicable to all New Hampshire rentals collecting a security deposit.

New Hampshire landlords must provide a move-in checklist to inventory existing property damage, when the tenant takes possession of the rental property. The checklist should be completed within five days of move-in. This enables accurate deductions from the security deposit upon move-out.

The checklist must specify any current damage or particular furnishings that must be kept in identical condition until move-out. It must also highlight any conditions that affect habitability on the property. [1]

Security Deposit Holdings Disclosure

Applicable to all New Hampshire rentals holding a security deposit.

New Hampshire landlords who hold a tenant’s security deposit (except as a check) must disclose the holding information to the tenant in the lease. This receipt of disclosure must include the location of the funds and the account number. [2]

This is an example of a security deposit holdings disclosure:

SECURITY DEPOSIT HOLDINGS DISCLOSURE. The security deposit of $____, highlighted in this lease, can be found at the following location:

BANK:_____
ACCOUNT #:_____

This does not apply for security deposits that are paid via check.

Lead-Based Paint Disclosure

Applicable to any New Hampshire rental units built before 1978.

For any property built before 1978, federal law requires that a New Hampshire residential lease must contain a lead-based paint disclosure. This requires landlords to do the following:

Optional Disclosures and Addenda (Recommended)

The following lease agreement disclosures and addenda are not required by New Hampshire law in residential lease agreements, but assist with tenant management and help limit landlord liability.

Optional Disclosure Purpose
Asbestos Informs tenants about any asbestos hazards related to the property. Tenants can take precautions to reduce asbestos hazards by avoiding any disturbance of asbestos fibers.
Bed Bugs Informs tenants whether the property or an adjacent unit has a history of suspected bed bug infestation, and reminds the tenant of the obligation to report suspected infestation immediately.
Landlord’s Name and Address Specifies the name and address of the landlord or authorized agent. This enables smooth communication of any important legal notice.
Late/Returned Check Fees Specifies late fees or returned check fees related to the lease. New Hampshire has no regulations on late fees and a $25 cap for returned check fees.
Medical Marijuana Use Informs tenants about policy related to medical marijuana use on the rental property. Some state laws allow landlords to restrict marijuana usage to non-smoking methods only, or allow use only in designated smoking areas.
Mold Disclosure Informs tenants about actual or suspected mold contamination on the property, along with any remediation efforts, to help limit landlord liability.
Move-In Checklist Takes inventory of existing property damage, when the tenant takes possession of the rental property. This enables accurate deductions from the security deposit upon move-out.
Non-Refundable Fees Charges not agreed by the tenant in the lease may be refundable upon lease termination. For New Hampshire landlords to charge a non-refundable fee, it must be disclosed and agreed as such in the lease.
Shared Utilities Arrangements Discloses how charges are billed to individual tenants, when multiple rental units share a utility meter for the whole building or property. This ensures tenants receive fair charges and understand what uses contribute to their bill.
Smoking Informs tenants of designated smoking areas that do not interfere with the quiet enjoyment of other tenants.

Consequences of Not Including Mandatory Disclosures

Mandatory disclosures outline important health, safety, and property information for both landlord and tenant safety. A landlord who fails to provide federally or state-mandated disclosures could face legal consequences or monetary penalties, either from a tenant lawsuit or from state officials.

Failure to comply with the federal lead-based paint hazard disclosure risks fines of tens of thousands of dollars per violation.

Sources

…(c)… Regardless of whether or not a receipt is required, the landlord shall provide written notice to the tenant that a written list of conditions in the rental unit in need of repair or correction, if any, should be given to the landlord within 5 days of occupancy…

…(b) Except as provided in subparagraph (c), upon receiving a deposit from a tenant, a landlord shall forthwith deliver to the tenant a signed receipt stating the amount of the deposit and specifying the place where the deposit or bond for the deposit pursuant to RSA 540-A:6, II(c) will be held…

Frequently Asked Questions

How Long Can a Residential Lease Be in New Hampshire? Depending on circumstances, in New Hampshire, it’s usually possible to have a lease of any length of time, as long as the length of the lease term is specific and agreed in writing by the landlord and tenant. Oral leases can almost never be for a term of more than one year. Read more » Is a Contract to Lease Binding in New Hampshire? Yes, a contract to lease is legally binding in New Hampshire. To be valid, a contract to lease may have to be written, especially for a fixed term over one year. Oral leases may be valid in some cases (especially when both parties later behave as though there’s an enforceable oral lease), but often have strict limitations on enforceability for things like length of the lease term. Read more » Do Lease Agreements Need to Be Notarized in New Hampshire? No, lease agreements do not need to be notarized in New Hampshire. A notary helps establish the identity of the people signing the lease, if there’s a claim of fraud, but a notary isn’t necessary for a lease to be valid. Read more » Can a Lease Automatically Renew in New Hampshire? Yes, a lease can automatically renew in New Hampshire. Most rental agreements will automatically renew when the initial tenancy period is over. Past this point, the lease becomes a month-to-month rental agreement, with the same basic terms and conditions otherwise as the original lease. In some cases, such as if rent is being paid weekly, the lease may become a week-to-week lease. Read more »