What is a disclosure statement for a landlord-tenant agreement?

A disclosure statement for a landlord-tenant agreement is a document that outlines the rights and responsibilities of both the landlord and tenant. In the District of Columbia, the Residential Real Estate Law requires that a disclosure statement be provided by the landlord to the tenant prior to signing the rental agreement. The disclosure statement outlines the responsibilities of the landlord and tenant. It includes details about the rental agreement such as the length of the lease, the amount of rent that is to be paid each month, and any other terms and conditions associated with the agreement. It also provides information about the rental property, including a description of the property, its amenities, and any potential hazards or defects. The disclosure statement is an important document for both the landlord and tenant. It helps to ensure that both parties are aware of their rights and obligations under the agreement. It also helps to protect the rights of both parties in the event of a dispute or disagreement. Finally, it provides a written record of the agreement which can be useful if there are any legal proceedings in the future.

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What is a disclosure statement for a landlord-tenant agreement?

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