Who maryland apartment leases 2025

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There is no rent control in Maryland at the state level, meaning there is no cap on the amount of rent that can be raised. However, rent can only be increased by 3% plus inflation in some localities, like Montgomery County, with a hard cap set at 6%.
A landlord is the owner of property such as a house, apartment, inium, land, or real estate that is rented or leased to an individual or business, known as a tenant (also called a lessee or renter). The term landlord applies when a juristic person occupies this position.
A lessee is a person who rents land or property from a lessor. The lessee is also known as the tenant and must uphold specific obligations as defined in the lease agreement and by law. The lease is a legally binding document, and if the lessee violates its terms they could be evicted.
The term lessee is more commonly used in formal or legal contexts, including both real estate and equipment leasing. Renter or tenant is often used in more casual, everyday language, typically referring to someone leasing residential property. Lessee, renter, and tenant have essentially the same meaning.
Leasing in real estate is similar to renting. Its when you agree to use a property, like a house or an apartment, for a set period by paying an agreed amount each month. However, leases usually last for a longer time period compared to regular rentals.
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People also ask

The lessor leases to the lessee. In normal conversation, landlord is appropriate.
A: Effective October 1, 2024, a lease may not require a tenant to pay a security deposit greater than the amount of one months rent. Previously, the maximum-security deposit was the equivalent of two months rent.

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