These Residential Lease Form templates are the easy solution for New Hampshire landlords to write standardized lease agreements and rental contracts for their tenants. Downloadable, customizable, and affordable.
Q: How much can I charge my tenants for a security deposit?
A: In New Hampshire, landlords who own more than 6 units can charge a security deposit equal to one month's rent or $100, whichever is greater. The funds must be kept in a separate escrow account. The landlord must issue a receipt for the deposit, indicating where the funds have been deposited.
Q: Do I have to pay interest on the deposit funds?
If you have held the deposit for more than 12 months, you must pay at least the amount of interest that you actually earned on the money.
Q: How long do I have after the tenant moves out to refund the deposit?
A: You must return the deposit within 30 days after the tenant vacates the premises. If you are deducting any amount from the deposit, you must also provide a written statement itemizing the deductions. The tenant must advise you of their new mailing address within 30 days after moving out.