USA Residential Lease Clauses re: Student or Low Income Status

Do you rent to students or low-income tenants? Insert these additional clauses into the lease or rental agreement for a tenant who qualifies as a low-income tenant under Section 42 of the Internal Revenue Code.

• The Tenant is responsible for providing information required by the Landlord to obtain tax benefits.
• The Tenant is to inform the Landlord about any change in student status, employment status or other information.
• Student tenants are to provide a parental or sponsor guaranty.