What must landlords provide written notice of to tenants?

Landlords are required to provide written notice of the security deposit and advance rent details to tenants as a necessary part of the lease agreement. This information ensures that tenants are aware of the financial obligations and conditions associated with their rental agreement. It also promotes transparency and establishes trust between landlords and tenants. Providing detailed information about the security deposit, including how it will be held, the conditions for its return, and any deductions that may be applicable, is essential for compliance with local and state rental laws. This requirement serves to protect both parties' interests and minimizes disputes or misunderstandings concerning financial transactions related to the lease.