Need a Property Rentals Contract in Ohio? AroundWire Can Help

In Ohio, property rental contracts—covering both residential and commercial leases—must comply with state statutes such as the Ohio Revised Code (ORC) Chapters 5321 (Residential Landlord-Tenant Act) and 1310 (Uniform Commercial Code for leases). Typical rental agreements are required to clearly state the property description, lease term, rent amount, payment schedule, and security deposit terms (with residential deposits capped at one month’s rent and specific requirements for returning deposits within 30 days). Contracts must also address maintenance responsibilities, habitability standards, and compliance with local building and health codes. For commercial property rentals, parties often negotiate terms for modifications, subleasing, and tenant improvements, subject to zoning and local permitting requirements. Insurance obligations are standard, with landlords typically requiring tenants to secure liability coverage and, in commercial settings, proof of business insurance. Ohio law does not mandate licensing for landlords, but some municipalities, such as Cleveland or Cincinnati, may require rental registration or inspection certificates. Risk factors include tenant default, property damage, and liability for injuries, which should be mitigated through robust indemnification and insurance clauses. Payment terms usually stipulate grace periods and late fees within statutory limits. Dispute resolution in Ohio commonly favors mediation or court proceedings, as mandatory arbitration is less prevalent. Contracting norms emphasize clarity, written documentation, and adherence to fair housing laws and anti-discrimination statutes.