Rent policies

Rent policies are rules and agreements between landlords and tenants that outline how rent is paid, its amount, due dates, and any additional costs or conditions. They specify how and when tenants should pay, how rent increases are handled, and what happens if payments are late. These policies also address issues like security deposits, maintenance responsibilities, and lease durations. Clear rent policies help ensure both parties understand their rights and obligations, promoting a smooth and fair rental relationship.