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Free Vermont Property
Management Agreement Template

Who owns the property, who will manage it, and when the arrangement begins.

Last reviewed September 2026

Written by LawLease Editorial

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Vermont Property Management Agreement

This Property Management Agreement is built with Vermont as the governing state. These are the Vermont landlord-tenant rules that most often bear on it, with the statute for each.

Vermont rules at a glance

Vermont rules for a Property Management Agreement
Security deposit limitNo statutory cap
Deposit return14 days after the landlord learns the tenant vacated (60 days for seasonal rentals), with an itemized statement9 V.S.A. §4461(c)
Deposit statementAn itemized statement of any deposit deductions at move-out (§4461(c)).
Landlord entry48 hours’ notice, between 9:00 a.m. and 9:00 p.m.9 V.S.A. §4460
Late feesNo statutory cap or grace period; should be stated in the lease and reasonable

Security deposits in Vermont

Vermont doesn’t cap the amount of a security deposit — defined as any refundable advance, deposit, or prepaid rent, however named (§4461(a)). What it does impose is one of the shortest refund deadlines in the country, with a harsh penalty for missing it.

  • Allowed deductions — Unpaid rent, damage beyond normal wear and tear, unpaid utility charges, and the cost of removing items the tenant abandoned (§4461(b)).
  • 14-day refund — The deposit and a written statement itemizing deductions are due within 14 days from when the landlord discovers the tenant vacated or abandoned the unit — or from the move-out date, if the tenant gave notice of it. The clock doesn’t run from the lease end date (§4461(c)).
  • Seasonal rentals — For a seasonal rental that isn’t the tenant’s primary residence, the deadline is 60 days (§4461(c)).
  • Delivery — The statement and any refund must be hand-delivered or mailed to the tenant’s last known address (§4461(d)).
  • Forfeiture & double damages — Miss the deadline and the landlord forfeits the right to withhold any of the deposit; a willful failure makes the landlord liable for double the amount wrongfully withheld, plus reasonable attorney’s fees and costs (§4461(e)).
  • Local rules — Deposits pass to a new owner on sale, who must notify the tenant (§4461(f)), and towns may adopt their own deposit ordinances (§4461(g)).

Rent, late fees & application fees

  • Rent increases — An increase takes effect only on the first day of a rental period following at least 60 days’ actual notice to the tenant (§4455(b)). “Actual notice” means written notice hand-delivered or mailed to the last known address (§4451).
  • Late fees — Chapter 137 sets no late-fee cap or grace period. A fee should be written into the lease and bear a reasonable relation to the landlord’s cost of late payment — an excessive fee risks being struck as an unenforceable penalty.
  • No application fees — A landlord or agent may not charge anyone an application fee to apply for a residential rental (§4456a).
  • Rent control — Vermont has no statewide rent control or cap on the size of an increase; the binding limit is the 60-day notice.

Landlord entry & access

A Vermont landlord may enter with the tenant’s consent, which may not be unreasonably withheld. To inspect, make repairs, supply services, or show the unit to prospective buyers or tenants, the landlord must give at least 48 hours’ notice and enter only between 9:00 a.m. and 9:00 p.m. (§4460(a)–(b)).

Entry without consent or notice is allowed only when the landlord reasonably believes there is imminent danger to a person or property (§4460(c)).

Required disclosures in Vermont

Beyond these, Vermont’s rental chapter doesn’t require a long list of state-specific lease riders.

  • Lead-safe maintenance (pre-1978) — Unless exempt, owners of pre-1978 rental housing must follow the state’s lead-safe maintenance requirements and file a compliance statement with the Department of Health. Before entering into a lease, they must give the tenant Department-approved lead-hazard information and a copy of the most recent compliance statement (18 V.S.A. §1759).
  • Lead-based paint (federal) — Federal warning, pamphlet, and known-hazard disclosure for housing built before 1978 (42 U.S.C. §4852d).
  • Deposit statement — An itemized statement of any deposit deductions at move-out (§4461(c)).

Vermont Property Management Agreement FAQs

How much can a landlord charge for a security deposit in Vermont?

Vermont sets no statutory cap on the amount. It does strictly regulate the refund: 14 days, with an itemized statement, or the landlord forfeits the right to keep any of it (§4461).

How long does a landlord have to return a security deposit in Vermont?

14 days from the date the landlord discovers the tenant moved out — or from the move-out date the tenant gave notice of — and 60 days for a seasonal rental that isn’t the tenant’s primary home. A willful failure costs double the amount wrongfully withheld plus attorney’s fees (§4461(c), (e)).

More Vermont landlord documents

Property Management Agreement in other states

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