New Jersey Sublease Agreement Template
The New Jersey sublease agreement is a form written for a tenant (the sublessor) who holds a master lease with a property owner and decides to let someone else (the sublessee) occupy the same space in exchange for monthly rent. The sublessor must make sure that the master lease does not limit them from subletting the premises. If it does, they must seek the written permission of the landlord to allow them to rent the entire space or a portion thereof. It is the sublessor, not the sublessee, that holds all financial and legal responsibility with regard to the rented property. For example, if the sublessee does not pay rent on time, the sublessor remains bound to the master lease and must pay the agreed upon amount. Therefore, it is imperative that the sublessor screen any potential sublessees with the rental application to ensure that they have the financial means to pay the monthly amount.
- Flooding – If the property is located in a flood zone (see FEMA map) the sublessee must be made aware of this information.
- Lead Paint – If the housing unit was built before 1978, this form is required to be completed and signed by every sublessee.
- Truth in Renting – If the housing structure has two (2) or more units in it, this form must be handed out to the tenants.
- Window Guards – If a child age ten (10) or less resides in a multiple-unit dwelling, the landlord must inform the tenants that the owner is obligated to install child-protective window guards.