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Re: Landlord Holding Deposit - Landlord Forum thread 358574

Re: Landlord Holding Deposit by lpadave on September 8, 2018 @07:46

                              
1. Probably, at least the initial time. Talk to a LL attorney in Nj
2. Generally the jurisdiction is where the property is located. Your lease document should speak to that.
3. Are you the LL or T. .? And do you want the tenancy to stay or vacate


What is the reason LL wants to increase deposit. .?

Generally written leases says the existing terms and conditions continue on an extension or renewal. Most leases are for a set term then go month to month as continuing on an extension.. A RENEWAL is continuing generally on the same initial term. Most GOOD leases use the specific words EXTENSION OR RENEWAL,....as those two words are very different.

At the end of the lease term, the terms and conditions can be changed unilaterally by the LL with proper written notice from LL to T if the tenancy is to continue
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