If you're renting out your property to a tenant, you'll want to make sure you have a written Lease Agreement signed before the tenant moves into the property. By signing a Lease Agreement, both the landlord and tenant are essentially putting the terms of their agreement to rent the property in writing.
Although there's no standard Lease Agreement, there are still some basic requirements that should be included in every lease. These include: the names of the landlord and tenant; the address of the property; the amount of rent; when the rent is due, who it should be paid to, and where it's to be paid; the amount and purpose of the security deposit; the amount of any late fee; whether pets are allowed; who's responsible for which utilities; and information about lead based paint on the property.
In New Jersey, there's also additional requirements that must be included in the Lease Agreement. For example, in New Jersey, the Lease Agreement must include references to the New Jersey Truth in Renting Act. Also, if a security deposit is collected, then the Lease Agreement must state the amount of the deposit, the name and address of the bank where the deposit is held, as well as the tenant's rights to the deposit funds including when the landlord must return the deposit. All terms required by the State of New Jersey have been included in the Lease Agreement.
More than just a template, our step-by-step interview process makes it easy to create a New Jersey Lease Agreement.
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Our step-by-step interview process makes creating a printable New Jersey Lease Agreement easy.