Virginia Standard Residential Lease Agreement

A Virginia standard residential lease agreement is a one-year contract in which a tenant has the right to use the landlord’s property in exchange for money. The agreement is legally binding and covers the responsibilities and duties of both parties. The landlord shall be paid on time, and the tenant has the right to use the property until the end of the lease.

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Last updated October 24th, 2024

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A Virginia standard residential lease agreement is a one-year contract in which a tenant has the right to use the landlord’s property in exchange for money. The agreement is legally binding and covers the responsibilities and duties of both parties. The landlord shall be paid on time, and the tenant has the right to use the property until the end of the lease.

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Disclosures (11)

Defective Drywall – The landlord must inform the tenant if there is defective drywall in the rental property. (§ 55.1-1218(A))

Demolition or Conversion to Condominium – If the landlord plans on converting or demolishing the multi-family rental property, then the landlord must inform the tenants. (§ 55.1-1216(C))

Lead-Based Paint Disclosure – If the rental property was built before 1978, the landlord must disclose whether there is lead paint on the premises. (EPA/HUD Fact Sheet)

Landlord Identification – The landlord is required to disclose the property owner’s name and address as well as the information of any other individual acting on the owner’s behalf. (§ 55.1-1216(A))

Methamphetamine Disclosure – If the property has contained methamphetamine at some point and has not been adequately mitigated, then they must disclose this to the tenant. (§ 55.1-1219(A))

Military Air Installation Disclosure – If the rental property is close to a military airbase and may cause disturbances to the rental unit, then it must be disclosed to the tenant. (§ 55.1-1217(A))

Mold – At move-in, the landlord is required to provide a disclosure to the tenant as to whether there is visible mold present or not. (§ 55.1-1215)

Move-In Inspection – The landlord must provide the tenant with an itemized list of existing damages within five days of the lease’s start. (§ 55.1-1214(A))

Sale of Property – If the rental unit is sold, the tenant has the right to know the purchaser’s name, address, and phone number. (§ 55.1-1216(B))

Statement of Tenant Rights and Responsibilities – The tenant must receive a copy of The Department of Housing and Community Development’s form from the landlord and both parties must sign it. (§§ 55.1-1204(B))

Tourism Activity Zone – If the rental property is located in a “tourism activity zone,” the landlord must inform the tenants that events such as parades, street closures, and concerts may disrupt the unit. (§ 55.1-707)

Rent Grace Period

There is a 5-day grace period for paying rent late in the state of Virginia.

Security Deposit

Maximum Amount – The tenant may not be charged more than two months’ rent for the security deposit. (§ 55.1-1226(A))

Returning – The landlord must return the security deposit to the tenant within 45 days of the lease’s end.

  • Deductions – If the security deposit is to be deducted, the landlord is required to create an itemized list at the time of move-out. (§ 55.1-1226(G))