New-Jersey-Realtors-Lease-Agreement_Page_1

2025 Changes to the New Jersey Real Estate Broker and Salesperson Act by P.L. 2024, c. 32 – Acknowledgment of Receipt of Consumer Information Statement (CIS) [PDF] – For Buyers and Tenants, Sellers and Landlords. ^[1]

Standardized Legal Form

The NJAR lease agreement is a standardized legal document used by Realtors in New Jersey to stay compliant with New Jersey state rental laws.

What is Included?

This form outlines Landlord and Tenant obligations, rent payment terms, security deposit rules, and rental conditions.

Required Disclosure Forms

New Jersey law requires landlords to provide the following disclosure forms:

Truth-in-Renting Act Notice [English PDF Guide] [Spanish PDF Guide] – for properties with more than two (2) rental units. ^[2]
Lead-Based Paint Disclosure Form and EPA Pamphlet – for properties built before 1978.
Flood Zone Disclosure Form [Flood Risk PDF] – Landlord must disclose if the property is in FEMA’s Special Flood Hazard Area or Moderate Flood Hazard Area. Landlords must disclosure if any of the property has been subject to flooding such as common areas or parking spaces. ^[3]
Security Deposit Notice – Landlord must disclose where the deposit is held. ^[4]

Security Deposit Limits

Maximum Amount – Landlords cannot charge more than one and a half (1.5) months’ for the deposit amount.
Interest Account – Deposits must be kept in an interest-bearing account.
Location – The tenant must be informed where the funds are kept (security deposit notice). ^[5]

Sample New Jersey Association of Realtors Lease

Print and Download: Adobe PDF

Sources

N.J.S.A.46:8-50

Section 46:8-19

SECURITY DEPOSIT LAW N.J.S.A. 46:8-19 THROUGH 26

Rental lease agreement – Once the applicant’s employment and income are approved, the New Jersey rental lease agreement form can be signed.

Laws ⚖️

Application Fee – No limit on the amount.

Security Deposit Amount – Up to one and a half (1.5) months’ rent. ^[1]

Sample New Jersey Rental Application Form

PDF | WORD | EXCEL | ODT

Sources

§ 46:8-21.2(4)

New Jersey, power of attorney forms grant another person authority to manage financial, medical, and personal affairs on your behalf. The “principal” can choose to give limited or unrestricted power to the “agent” and may also make the form “durable.”

Medical Power of Attorney Forms – PDF

Signing Requirement ✍️

Both the principal and the agent must sign the document. The principal must sign it in front of a notary public, an attorney, or another authorized person.

Source: § 46:2B-8.9

What is the Definition of “Power of Attorney”?

Definition by the Uniform Power of Attorney Act:

“A “Power of attorney” is a document that gives an agent the authority to act on behalf of the principal.”

Source: § 102(7)

Power of Attorney Flow Chart 📈

Why use a Power of Attorney POA?

Plan for the future by using a reliable Power of Attorney form template. You can download the PDF or Word document for free to provide peace of mind for yourself and your loved ones.

This form covers decisions made on your behalf, estate planning, real estate, the agent or attorney in fact, types of powers of attorney (including durable, limited, and springing), family members, care power of attorney, bank accounts, health care power, and more.

Use this form to grant power to act on your behalf in financial and real estate matters. It’s essential for ensuring that your wishes are carried out in the future.

FAQs

Does New Jersey have its own version of the POA form? Yes, § 46:2B-8.2.

New Jersey PDF Power of Attorney Form: Preview Example

PDF Version: Template Sample

https://simpleforms.com/wp-content/uploads/2024/06/new-jersey-power-of-attorney.pdf

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This New Jersey advance healthcare power of attorney form lets a person choose an individual (Agent) that can make medical decisions if you can’t in the future. This document is legally binding once signed.

Form Options

Durable Power of Attorney – PDF

Signing Requirements

The Principal must sign the Advance Directive in front of a notary or two (2) witnesses.

Source: § 26:2H-56

Law Alert ⚖️

New Jersey – Proxy Directive Form

New Jersey Instructive Directive Form

Living Will PDF

NJ Instructive Directive Form: Preview Sample

https://simpleforms.com/wp-content/uploads/2024/08/New-Jersey-Advance-Healthcare-Directive.pdf

Commercial Lease Application – Before renting a property to any individual or business entity, Landlords highly recommend using a lease application to screen Tenants.

When Does a Commercial Lease Agreement Become Legally Binding?

The Commercial Lease Agreement becomes legally binding when both parties sign the contract and the buyer gets the notice that the seller has accepted the deal. The buyer can get the notice in-person, by phone, and/or email.

New Jersey Standard Commercial Lease Agreement Template Sample

Rental Application – The Landlord can request a rental application from Tenants to verify the financial credentials. Once approved, both parties can sign the lease.

A rent receipt template confirms that a Tenant has paid rent in cash. The Landlord fills it out after payment, including the amount, payment method, and signature.

By Type (7)

Residential Lease Agreement – Fixed rental term for one-year (12-months) or more.

Download: PDF | Word (.docx)

Assoc. of Realtors Lease Agreement – Standardized legal contract used by Realtors for a Landlord and Tenant when renting a home.

Download: PDF

Commercial Lease Agreement

Download: PDF

Month-to-Month Lease Agreement

Download: PDF | Word (.docx)

Rent to Own Lease Agreement

Download: PDF | Word (.docx)

Room Rental Lease Agreement

Download: PDF | Word (.docx)

Sublease Agreement

Download: PDF | Word (.docx)

What the form covers?

This New Jersey Rental Lease Agreement includes New Jersey landlord-tenant relationship laws:

New Jersey Residential Landlord-Tenant Laws

Security Deposit Law

Lease Termination

Landlord’s Access to the Property

Required Disclosure Forms

Rent Due Date plus Late Fees

New Jersey Residential Landlord-Tenant Laws

Summary: The New Jersey landlord and tenant laws outline the rights and responsibilities of both parties.^[1]

Security Deposit Law

Summary:

30 Days – Landlords must return the security deposit within 30 days of lease termination.^[2]

Itemized List – Deductions must be itemized and shared with the tenant.

Maximum – The security deposit cannot exceed one and a half (1.5) months’ rent.

Lease Termination

Summary: Both landlords and tenants can terminate a lease under certain conditions:

Landlord’s Ability to Terminate

Notice periods depend on the reason for termination (e.g., 3 days for disorderly conduct, 30 days for most other reasons).

Tenant’s Ability to Terminate

Tenants may terminate due to habitability issues after notifying the landlord.

30-day notice required for month-to-month leases.^[3]

Landlord’s Access to Property

Summary: Landlords must provide reasonable notice before entering a rental property unless it’s an emergency.^[4]

Required Disclosure Forms (2)

Summary:

Lead-Based Paint Disclosure Form – Landlords must provide a brochure if the property was built before 1978.^[5]

Truth-in-Renting Act – Landlords must provide tenants with a copy of the Truth-in-Renting Guide.^[6]

Flood Zone Disclosure – This form informs renters if a property is in a flood-prone area and whether flood insurance may be required while renting.

Window Guard Disclosure – This disclosure is mandated to protect children from falling out of windows.

Paying Rent

Summary:

Grace Period – No grace periods. A 5-day grace period is required for late rent payments for certain senior tenants.^[7]

Maximum Late Fee – No specific laws limit late fees, but they must be reasonable and agreed upon in the lease.

NSF Fees – No specific state-mandated rules for NSF fees, but they must be disclosed in the lease agreement.^[8]

Sample New Jersey Rental Lease Agreement

Sources

state.nj.us

§ 46-8-21.2

nj.gov

NJ Department of Community Affairs Right of Entry Information

EPA Lead Disclosure

Chapter 17:3B – TRUTH IN LENDING

§ 2A-42-6

§ 40:5-18.

Notary – a public officer who can witness the signatures of the buyer and seller.

Form Options By Type

Standard Residential Lease Agreement

Simple (1-Page) Lease Agreement

When does a purchase agreement become legally binding?

The purchase and sale agreement becomes legally binding when both parties sign the contract and the buyer gets the notice that the seller has accepted the deal. The buyer can get the notice in-person, by phone, and/or email.

New Jersey Purchase and Sale Agreement Sample

https://simpleforms.com/wp-content/uploads/2024/05/New-Jersey-Residential-Real-Estate-Purchase-Agreement-1.pdf