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New Jersey Month to Month Rental Agreement Form

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New Jersey Month to Month Rental Agreement Form Page 2
4. Security Deposit. The Tenant shall
deposit an amount equal to 1½ month’s rent
with the Landlord,
6. Renters Insurance. Tenant is advised
that crime insurance is available to the
Tenant. Tenant may make application for
$
held in the
at:
address:
which will be
Bank,
,
such insurance from its own insurance
agent. Crime insurance policy at an
affordable cost will protect Tenant against
loss resulting from robbery or burglary of
Tenant's apartment.
New Jersey in an account that is currently
earning interest at % per annum.
(b) At no time will Tenant be allowed to
use rent security for the payment of rent.
(c) Tenant shall pay all monies
necessary to keep the security deposit
account at a full month and a half's rent.
(d) Landlord has the right to apply any
rent money received from the Tenant toward
the Tenant's rent security to keep the
security deposit account at 150% the current
rent. That would cause the actual rent to be
in arrears if a deficiency exists.
(e) Rent security will be returned to the
Tenant in accordance with New Jersey law,
but only after Tenant vacates apartment and
only after all of the following conditions are
satisfied:
(i) One month written notice before the
1st day of the previous month must be given
to Landlord that the Tenant will move on or
before the first of the following month.
(ii) The apartment must be returned in
the same condition as when Tenant started
occupying it, less reasonable use.
(iii) Rent must be paid in full and no
damage incurred by Tenant during rental
period.
(iv) Keys must be returned to Landlord.
(v) No personal property or furniture of
any kind may be left in the apartment. It
must be broom cleaned by Tenant. If
Landlord has to clean the apartment, the cost
will be deducted from the security deposit.
5. No Assignment or Sublease. The
Tenant may not sublease the Apartment or
assign this Lease.
Each tenant is required to obtain
"Renters" insurance. Tenant agrees to hold
both the Landlord and Managing Agent and
their employees harmless from suit due to
personal injury by the Tenant, Tenant's
family and Tenant's guests while in the
building or on the grounds, and Landlord
shall be named as an additional insured
party on any insurance Policy(s) procured by
the Tenant relative to the demised premises
and shall provide the landlord with proof of
such insurance.
7. Utilities. The Landlord will pay for
the following utilities:
( ) cold water ( )
hot water ( ) electricity
( ) heat ( ) gas
The Tenant will pay for the following
utilities:
( ) cold water ( )
hot water ( ) electricity
( ) heat ( ) air
conditioning ( ) gas
Tenant shall promptly pay all utility bills for
service to the apartment so as to avoid a
discontinuance of service. Tenant shall
keep all utilities operable until possession of
the apartment is returned to the Landlord..
8. Eviction. The landlord reserves a
right of reentry in the event the tenant
breaches or violates any term, covenant or
New Jersey Month to Month Rental Agreement Form
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