Louisiana Residential Lease Agreement Form
- Lead-Based Paint Disclosure - The United States banned lead-based paint in 1978. Landlords, therefore, have to inform tenants if the residential real estate for lease was built before that year. They also have to provide tenants with educational materials about the hazards of having lead-based paint on walls and ceilings (Lead-Based Paint Disclosure Rule (Section 1018 of Title X)).
- Foreclosure - In case the property receives a foreclosure notice, the landlord is obligated to inform the tenant within seven days of receiving the notice.
Rent Grace Period
There is no rent grace period statute in Louisiana. This means a landlord can charge a late fee a day after rent is due, which is usually on the first day of every month.
However, since the lease is an agreement between the landlord and tenant, they can still agree to have a rent grace period. They can also jointly agree on another monthly date as the rent due date.
If the tenant fails to pay rent, the landlord may serve the tenant with a five-day notice to vacate. The notice is the first step toward eviction in Louisiana. It should explicitly state that the tenant has five days to move out of the property before an eviction lawsuit is filed.
In the state of Louisiana, there is no limit to how much a landlord can charge as a security deposit. The landlord can also impose a pet deposit if the tenant has at least one pet. Both deposits are refundable, and the landlord has a month from the tenant’s move-out date to return the amount.
If the property is damaged by the tenant or their pet, the landlord can deduct the cost of repair from the security deposit and/or pet deposit. The landlord may also deduct unpaid rent from the security deposit. In Louisiana, landlords don’t have to pay interest on the deposit (LA Rev Stat § 9:3251 (2021)).