New Jersey Standard Residential Lease Agreement

The New Jersey Standard Residential Lease Agreement provides as binding documentation to the rights and duties the parties to the agreement will be obliged to follow by law. The form, created by the New Jersey Association of Realtors should be read through carefully and treated as a template – if a section doesn’t fit the renting situation, it can be removed; however, sections mandated by New Jersey law should not be removed to preserve the contract’s legal validity.

Lease + Security Deposit Laws

Lease Laws – Title 46 “Property”

Maximum Security Deposit (N.J.S.A. 46:8-19 through 26) – One and a half (1.5) month’s rent. Proceeding annually-collected security deposits cannot be greater than 10% of the previously charged security deposit.