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What is the difference between a lease and a master lease?
Under the terms of a master lease agreement, the lessee is held liable for the property taxes, utility bills, insurance and maintenance expenses, unlike a base rent lease, in which the lessee simply pays the base amount in rent without any additional fees.
Is there any rent control in Massachusetts?
No, Massachusetts does not currently have any statewide rent control laws. Rent control was banned statewide in 1994. However, the city of Cambridge does still have rent control for certain units, as Cambridge adopted rent control before the statewide ban.
How much can a landlord raise rent in MA?
In Massachusetts, if a landlord does not intend to renew a lease, they typically must provide the tenant with at least 30 days notice before the lease term ends.
What is a standard lease agreement in Massachusetts?
The most commonly used Massachusetts lease agreement is the Standard Form of Lease. This document covers essential details such as rent amount, lease duration, security deposit, maintenance responsibilities, property managers, and other crucial provisions.
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