Re: NJ - Landlord Get Out of Lease - Landlord Forum thread 359290

Re: NJ - Landlord Get Out of Lease by lpadave on May 5, 2019 @17:19

Well, as a general matter you should have gotten all funds due and all paperwork (incl. insurance cert) at / with lease signing.

You should not have accepted,....let alone deposited the tenants security deposit check until you had all intended funds and paperwork due, AND you intended to actually accept and countersign the lease.

Although most jurisdictions do not consider a written lease to be valid and in force until signed by all parties,....the tenant could raise a good and possibly effective point that you did indeed accept and deposit money, thereby creating a tenancy.

If you're having second thoughts about this tenancy, send her back your check for the full amount with a polite letter,.......and hope for the best (she goes quietly into the night).

If she doesn't, you're probably gonna be stuck with this shotgun marriage !!

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Re: NJ - Landlord Get Out of Lease by lpadave on May 5, 2019 @17:33	[ Reply ]

just a point in response to GARRY'S response about m2m agreements only. I use a one year lease that goes m2m at its term. My feeling is I want a reasonably stable tenant whos committed for a year and not simply sleeping on a mattress on the floor for a couple of months till they move or have to move. A good quality tenant will also want that stability, both from the set rent for a year and the stability of the year term. there are probably as many LL's who equally work both ways. It's just the way I've always done it and I think if you're gonna get burned,....you're gonna get burned either way.