New Jersey Residential Lease Agreement Template
New jersey residential lease agreement.
New jersey residential lease agreement template. A residential lease agreement is a contract between a landlord and a tenant for the use of property for a fixed period in exchange for regular payments. By contrast a rental agreement has no fixed period and as a result is usually month to month. The new jersey standard residential lease agreement is a form that is a less complicated residential agreement for use between landlord and tenantalthough the form may be a basic form all landlordtenants right remain in place and its still enforceable by new jersey state laws. The sample lease agreement below describes a contract between landlord kyle bennet and tenant henry cho.
This is the most popular agreement document used when renting residential property to lessees. Remember that like any other new jersey lease agreement this one must comply with title 46. He agrees to rent a condominium in newark for 90000 per month on a month by month basis beginning on june 27 2017. New jersey residential lease agreement sample pdf.
In accordance with new jersey law njsa section 468 19 landlord will pay tenant interest on tenants security deposit less any service fee charged by the bank or investment company. The new jersey standard residential lease agreement is a contract that assigns a monthly amount to be paid by a tenant in return for occupying a property owners rental space. While theyre generally in place for a year they often renew as a month to month at the end of the term. A standard new jersey lease agreement is the most commonly used residential leases.
The agreement outlines the rules and regulations of the property in addition to which party will be responsible for paying utilities. The tenant agrees to pay for all utilities and services for.