What must be provided to tenants regarding financial obligations in a lease?

Providing tenants with clear information about financial obligations, including all costs associated with the lease, is crucial for establishing a transparent and fair rental agreement. This includes details about monthly rent, any required security deposits, and other fees that may apply, such as pet fees or maintenance costs. By being upfront about these financial aspects, landlords help tenants understand their full financial commitment before signing the lease, reducing the risk of misunderstandings or disputes later on.

Understanding the complete financial obligation also informs tenants about their budgeting needs. This transparency reflects good practice in property management and compliance with legal requirements, ensuring tenants are fully aware of their responsibilities.