Simple Month to Month Rental Agreement Nj

If you`re a landlord in New Jersey, and you`re renting out a property on a month-to-month basis, you`ll need to have a rental agreement in place. This agreement sets out the terms of the tenancy, such as the amount of rent, the date it`s due, and when the tenancy can be terminated.

Here`s what you need to know about creating a simple month-to-month rental agreement in New Jersey:

1. Include basic information

Your rental agreement should include basic information about the property, such as its address, the name of the landlord and the tenant, and the date that the tenancy begins.

2. Define the rent

Your rental agreement should clearly define the rent that the tenant is expected to pay. This should include the amount of rent, the date that it`s due each month, and any late fees you plan to charge.

3. Outline the security deposit

You`ll also want to include information about the security deposit that the tenant is required to pay. This should include the amount of the deposit, and any specific requirements for how it can be used or returned at the end of the tenancy.

4. Specify the length of the tenancy

Since you`re renting on a month-to-month basis, you`ll want to specify the length of the tenancy in your agreement. This should include the date that the tenancy begins, and the date that either party can terminate the agreement.

5. Include any additional provisions

Finally, your rental agreement can include any additional provisions that you feel are necessary. This could include information about maintenance and repairs, permission for pets, and rules for guests.

Creating a simple month-to-month rental agreement in New Jersey isn`t difficult, but it`s important to make sure that it includes all the necessary information. With these tips, you`ll be able to create an agreement that protects both you and your tenant, and ensures a successful rental experience.