New Jersey Lease Contract
New Jersey Lease Contract FormsThe New Jersey Lease Contract is used to form an agreement between a lessor and a lessee. The contract grants the lessee with the right to use property specified in the lease contract for a specified term in exchange for payments to the lessor. The New Jersey Residential Lease Agreement is the most common type of lease contract used by landlords and New Jersey property management companies. |
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New Jersey Lease Contract - What should I Know?Your New Jersey Lease Contract will probably continue for a fixed term (for tenancies at will, see the month-to-month New Jersey rental agreement). Most property mangers and rental property owners prefer their New Jersey lease agreement to last for a fixed term and then continue month-to-month until the tenancy is ended by the Landlord (lessor) or the Tenant (lessee) by providing written notice in advance. You should examine your lease contract to understand the minimum lease term and any actions that must be taken to terminate the lease contract. Is Notice Required to Terminate New Jersey Lease Contracts?New Jersey has specific laws that govern Residential Lease Agreements, and if you have a tenancy at will (also known as month-to-month lease agreement), you will probably need to use the New Jersey Notice to Vacate to end your lease contract. This is different than the New Jersey Notice to Quit, which is instead used to terminate the lease when there is a breach in contract. The New Jersey Landlord Notice to Vacate can be used by landlords LLNOTIFY to notify tenants that the lease will terminate and the property must be returned. Tenants can use the New Jersey Tenant Notice to Vacate TTNOTIFY to terminate their rental agreement with the landlord. Most states have very specific rules, and New Jersey is no exception. You can learn more about New Jersey tenant rights and protections from the New Jersey Department of Housing and Urban Department website. Keep in mind that the New Jersey Lease Termination Notice is not the same as the New Jersey Eviction Notice, and that a Writ of Possession can only be issued by the courts in an unlawful detainer lawsuit. |
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New Jersey Lease Contracts - What else should I know?Before entering into a lease contract, you can use the New Jersey Rental Application form to screen prospective tenants and the New Jersey Rental Credit Check form to get authorization to conduct a credit check. Many New Jersey landlords and property managers use Simplify'em property management software to track their leases online and make sure they are getting paid on time. You can also use TReXGlobal's tenant screening solution to get leasing recommendations, credit reports, and criminal history for each tenant. Download the FREE New Jersey Lease Contract below, and be sure to let us know what you think! |
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