New Jersey Lease Agreement Template
This Lease Agreement (the "Agreement") is entered into on the ____ day of __________, 20__, by and between ____________________ (the "Landlord") and ____________________ (the "Tenant") agree as follows:
Whereas, the Landlord is the owner of property located at ____________________, New Jersey (the "Property"); and
Whereas, the Tenant desires to lease the Property from the Landlord, and the Landlord agrees to lease the Property to the Tenant under the terms and conditions set forth herein.
Now, therefore, in consideration of the mutual promises herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:
1. Premises
The Landlord hereby leases to the Tenant, and the Tenant hereby leases from the Landlord, the Property described above.
2. Term
The term of this Lease shall commence on ____________________ and shall terminate on ____________________, unless sooner terminated pursuant to any provision hereof.
3. Rent
The Tenant agrees to pay the Landlord, without demand, as rent for the Property the sum of $____________________ per month on the first day of each month.
4. Security Deposit
Upon execution of this Lease, the Tenant shall deposit with the Landlord the sum of $____________________ as a security deposit for the performance of the Tenant's obligations under this Lease.
5. Use of Premises
The Tenant shall use the Property solely for residential purposes and shall comply with all applicable laws, zoning ordinances, and regulations of the State of New Jersey and all other applicable governmental authorities.
6. Maintenance and Repairs
Tenant agrees to keep the leased premises in a clean and sanitary condition and to promptly pay for any damage to the Property or its fixtures, beyond ordinary wear and tear, caused by Tenant or Tenant's guests.
7. Alterations
No alterations, additions, or improvements shall be made by the Tenant to the Property without the prior written consent of the Landlord.
8. Governing Law
This Agreement shall be governed by, and construed in accordance with, the laws of the State of New Jersey.
9. Entire Agreement
This Agreement constitutes the entire agreement between the parties and supersedes all prior understandings, agreements, or representations by or between the parties, written or oral, to the extent they relate in any way to the subject matter hereof.
10. Signatures
IN WITNESS WHEREOF, the parties hereto have executed this Lease Agreement as of the date first above written.
Landlord's Signature: ____________________
Tenant's Signature: ____________________