Tennessee Standard Residential Lease Agreement
The Tennessee Residential Lease Agreement (for Single-family Dwelling) is issued by the Tennessee Association of Realtors so that landlords and tenants can have the peace of mind that they are entering into a lawful lease agreement together. The contract addresses the key aspects of this landlord-tenant relationship, including, but not limited to: a) the details parties involved, b) a description of the property in question, c) what is/is not included, and d) the lease term and rent amount.
Tennessee Landlord-Tenant Laws
Maximum Security Deposit – The state does not impose a maximum security deposit amount the landlord can charge the tenant. Landlords should note, however, that in accordance with § 66-28-301(a), any security deposit that is collected from a tenant must be deposited in the a bank account or other lending institution account that is only used for that purpose.
Deadline for Returning Security Deposits (§ 66-28-301(g)(1)) – It is a state-mandated requirement that the landlord must return the security deposit to the tenant within a certain amount of time (minus any expenses incurred by any damages made by the tenant). The amount of time the return must be made is dependent on the particular circumstances the landlord is presented with, as explained below:
- If the tenant vacated or abandoned the premises, the landlord has up to thirty (30) days to return it.
- If a new tenant takes possession of the premises, the landlord must return it seven (7) days after this event.
Required Notice for Property Access
If there is an emergency, § 66-28-403(b) states that the landlord does not require the tenant’s consent to enter the rental dwelling. There is not, however, any notice period specified for non-emergency access, so the landlord is urged to provide a reasonable amount of notice before entering (this is usually considered at least twenty-four (24) hours notice).