New Jersey Standard Residential Lease Agreement (1 Year)
The New Jersey standard lease agreement may be modified to fit the needs of a residential landlord to assign a monthly amount to be paid by a tenant in return for allowing them to live on the premises. The space is to be specified in the contract along with the rules and regulations of the property in addition to which utilities will be the responsibility of the tenant and landlord. Once signed, the agreement becomes legally binding and both parties will be required to operate in accordance with it’s terms and conditions.
Before the landlord signs the contract, they should be aware that the eviction process in New Jersey is long and financially straining. Therefore all potentials tenants should be reviewed through the rental application to make sure they have sufficient credit and that they have references that verify their ability to be decent renters with previous landlords.
- Flood Zone – If the property is located in a flood zone (See Map) then the tenant(s) must be informed by the landlord.
- Lead-Paint – Federal law that requires any and all housing units that were built before 1978 that the landlord must inform the tenant(s) of any potential existing material that may be still on the property.
- Truth in Renting – This form must be handed to any tenant in a residential dwelling with two (2) or more units (with the landlord not occupying one (1) of them).