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Document Id : 4765
File Type : Microsoft Word
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USA Residential Lease Clauses re: Student or Low Income Status
Do you rent to students or low-income tenants? Insert these additional clauses into the lease or rental agreement for a tenant who qualifies as a low-income tenant under Section 42 of the Internal Revenue Code.
- The Tenant is responsible for providing information required by the Landlord to obtain tax benefits.
- The Tenant is to inform the Landlord about any change in student status, employment status or other information.
- Student tenants are to provide a parental or sponsor guaranty.
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