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In rental agreements, it's essential for owners to include clear disclosures to protect themselves. Key points to consider are: specifying the lease start date, stating the rent amount and due date, and outlining late fees if rent is not paid on time (e.g., by the fifth day). Consistently enforcing late fees helps prevent habitual issues. Additionally, agreements should detail the security deposit, including any pet deposit if pets are allowed. It's important to define the number and types of pets permitted, preventing tenants from swapping animals without notice. This clarity helps maintain expectations and responsibilities for both parties.
