RESIDENTIAL LEASE AGREEMENTTHIS LEASE AGREEMENT (“Lease”) made and entered into this [Date] by and between [Landlord’s Legal Name], whose address is [Landlord’s Business Address], New Jersey, hereinafter “Landlord,” and [Tenant’s Legal Name], whose address is [Tenant’s Current Address], hereinafter “Tenant.”
1. PREMISES:Landlord rents to Tenant and Tenant rents from Landlord, the premises located at [Property Address]. The premises will be used for residential purposes only.
2. TERM:The initial term of this Lease will begin on [Start Date] and will end on [End Date]. Thereafter, the Lease will continue on a month-to-month basis until either Landlord or Tenant terminate this Lease with written notice.
3. RENT:Tenant agrees to pay [Monthly Rent] per month, due on the 1st day of each calendar month.
4. SECURITY DEPOSIT:Upon the due execution of this Lease, Tenant will deposit with Landlord the sum of [Security Deposit] as security for any damage caused to the Premises during the term hereof.
5. QUIET ENJOYMENT:Tenant shall conduct himself, and require other persons on the Premises with Tenant’s consent, to conduct themselves in a manner that will not disturb others’ peaceful enjoyment of the Premises.
6. DEFAULT:If Tenant fails to comply with any of the material provisions of this Lease, or of any present rules and regulations governing the Premises, Landlord may terminate this Lease upon providing proper notice to Tenant.
7. MAINTENANCE AND REPAIR:Tenant will keep the Premises in clean, sanitary, and good condition.
8. INSURANCE:Tenant is responsible for having sufficient insurance to cover all personal property located on the Premises. Landlord is not responsible for any damage to Tenant’s personal property.
9. GOVERNING LAW:This Lease shall be governed by and construed in accordance with the laws of the State of New Jersey.
10. ENTIRE AGREEMENT:This Lease contains the complete agreement between Landlord and Tenant and cannot be changed except by written agreement.
LANDLORD:[Landlord’s Legal Name]
TENANT:[Tenant’s Legal Name] By signing below, the parties agree to the terms of this Lease. ______________________ ___________________ Landlord’s Signature Date ______________________ ___________________ Tenant’s Signature Date
After finalizing your Contract For Rental Property (New Jersey), you may want to consider exploring a Contract for Deed Template for New Jersey as another potential option for property transactions.