New Jersey may be a beautiful state with gorgeous shorelines and rolling farms, however the laws heavily favor tenants over landlords. More the reason to learn, read and know all that you possibly can. Many owners of buy-and-hold real estate do not even realize that it is required to complete a certificate of registration, right at the beginning of your first tenancy. Nor does it end at registration: within 30 days of each new landlord tenant leasehold, you must give each tenant a copy of that registration!

 

At a Glance:

Late Fees: Late fees must be reasonable and outlined in the lease in order to be considered additional rent.

Security Deposit: Limited to an amount equal to one and a half month’s rent. This includes pet deposits.

Returned Payment Fee Limit: There is no maximum provision in the law.

Notice to Enter: No minimum notice stated, however, entrance requirements must be listed in the lease.

 

Late Fee/Returned Check Fee:

Late fees must be outlined in the lease agreement. There are no maximum limits, however, to not be considered exorbitant, it should be reasonable. Late rent is considered as late when it is not received on or before the date in the lease. There is an exception for senior citizens whom are entitled to at least five business days before a late charge may be assessed.

 

Security Deposits:

Aside for properties occupied by the owner, consisting of two or three units, all security deposits are limited to no more than an amount equal to one and a half of a month’s rent. This includes pet deposits and prepaid funds. If a security deposit is taken, the tenant must receive a written receipt including: 1. Name and address of financial institution, 2. Current interest rate, and 3. the total amount of the security deposit.

New Jersey Security Deposit Law provides that the Landlord is required to be paid to the tenant, annually.

After the tenant moves out of the rental property, the entire amount plus any interest must be returned. If any deductions are made, then whatever is left over, as applicable shall be given to the tenant with a statement of the subtractions. This must be done within 30 days from the time the tenant vacates. Only physical damage, non-payment of rent or fees may be deducted.

Notification shall be sent either by personal delivery, or registered or certified mail.

 

Maintenance:

According to New Jersey’s “Habitability Bulletin”, landlord must provide tenants with a safe and clean property. Between the dates of October 1 thru May 1, all rooms that are occupied must be able to maintain a temperature of at least 68 degrees Fahrenheit between 6 AM and 11 PM.

 

Right of Entry:

For the purpose of maintenance and repairs, and with reasonable notice, a landlord may enter the rented premises. Any other reasons must be stated in the lease agreement including notification specifications.

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Notice to End Lease: 

When the tenant or landlord wants to end the leasing agreement and there is a:

  1. Fixed lease: It will just end on the last day. No prior notice is needed unless the written lease says otherwise.
  2. Yearly Lease (with no end date): This kind of arrangement will require 3 months’ prior notice to end the lease.
  3. Month to Month: These periodic leases require one month notice.
  4. Week to Week: A weekly lease arrangement requires a 7-day notice.

 

Eviction:

New Jersey evictions can be complicated. Make sure that you have all your ducks in a row and if you have any doubts on how to proceed, make sure you get professional legal counsel.

If your tenant fails to pay his rent, no advance notice is needed. The landlord may go to the courthouse and file a summons immediately. However, if the landlord accepts the late rent, then a 30-day notice will be required. Other lease violations will need a 30-day notice except for disorderly conduct or destruction of property, which only necessitates 3 days.

 

Questions? Ask an Attorney!

Have questions about Michigan’s landlord-tenant laws?  We have you covered.  Ask in the box below, to have your questions answered by living, flesh-and-blood attorneys!

DISCLAIMER: Wellspring Financial LLC DBA SparkRental.com is for informational purposes only! Any information, legal or otherwise is provided “as is” without any representations, truth, accuracy, exactness or warranties, expressed or implied. Any data, form, or information provided shall NOT be construed or taken to be legal advice. You must NOT rely on any data, form, or information on this website as an alternative to obtaining sound, legal advice from a licensed or professional legal service provider.

 

 

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