New Jersey rental agreements create a binding contract between a tenant and landlord for the purposes of renting property. The agreement becomes effective after it has been signed by both parties. After signing, the tenant is to pay a security deposit, 1st month’s rent, and any other fees to gain access to the premises and start the lease term.
Laws – N.J.S.A. 2A:18-53 through 2A:18-84, N.J.S.A. 2A:42, N.J.S.A. 46:8-9.1 through N.J.S.A. 46:8-9.3, N.J.S.A 46:8-9.4 through 46:9-50
A New Jersey residential lease agreement is a fixed-term lease between a landlord and tenant that is common for a 1 year period. A tenant should be properly vetted through a rental application before signing. If approved, the tenant will be required to pay the security deposit, 1st month’s rent, and any other fees. The agreement should clearly outline the responsibilities of both parties, required…
A New Jersey month-to-month rental agreement, or ‘tenancy-at-will’, is a residential lease with no end date. Instead, both parties can terminate the agreement by giving the other 30 days’ notice as required by the New Jersey Revised Statutes (§ 2A:18-56). Otherwise, the agreement is the same as any other lease and must follow all State laws. It is recommended that all prospective tenants be reviewed…
A New Jersey rental application allows a landlord to check and verify a tenant’s credit and employment information to make sure he or she is able to pay rent on time. This lowers the potential for hassle on the landlord’s end as well as the likelihood of needing to evict the tenant should they fail to pay rent. The most important things for a property…
A New Jersey commercial lease agreement is a legal form that details an arrangement between a landlord of commercial real estate and a business entity operating within its premises. It lists the cost of rent, the type of arrangement (Triple Net, Gross, or Modified Gross), the length of the term, and all other provisions which will dictate the nature of the relationship between the two…
A New Jersey sublease agreement is an agreement between a tenant on a property and someone else who will rent the same property (“sublessee”). It must state in the master lease (original lease) that subleasing is allowed, or the tenant must get written permission from the landlord. Once a new tenant (“sublessee”) is found for the property, he or she can occupy the space until…
A New Jersey roommate agreement acts as a written guideline to a living arrangement, agreed to by roommates, regarding a rental property. In this case, the landlord will be left out of any obligations or responsibilities to anyone but the master tenant(s) with whom they’ve entered into a lease agreement. Therefore, the roommate agreement need only be signed by the master tenant and all roommates…
