Need a Property Rentals Contract in New Hampshire? AroundWire Can Help

In New Hampshire, property rental contracts—whether for commercial or residential purposes—are generally governed by both state statutes and local ordinances. Typical contract features include clear identification of parties, detailed property descriptions, term lengths, rent amounts and payment schedules, security deposit terms (with state law capping residential security deposits at one month’s rent), and explicit maintenance and repair responsibilities. Residential leases must comply with RSA 540-A, which outlines landlord-tenant obligations, notice periods for termination, and eviction processes. Commercial property leases are more flexible but often reference New Hampshire’s general contract law and may incorporate additional due diligence requirements. Insurance obligations commonly require tenants to carry liability and property insurance, naming the landlord as an additional insured. Landlords typically must maintain property insurance and comply with local health, safety, and building codes; specific licensing is not usually required unless the rental involves multi-family dwellings or certain business activities. Risk factors to address include property damage, late payments, and non-compliance with zoning laws. Payment terms often specify grace periods and late fees, which must be reasonable and disclosed. Dispute resolution is generally handled through state courts, but contracts may include mediation or arbitration clauses. Compliance with anti-discrimination laws (state and federal) is essential, and contracts should reflect adherence to fair housing standards. Local norms favor written agreements with clearly defined terms to minimize ambiguity and potential litigation.