We Understand The Ins And Outs Of Real Estate Law
Renting a residential unit to new tenants isn’t just a source of income. It is also a risk. Landlords never really know what a tenant intends to do once they assume occupancy of a property. In some cases, they may cause extensive damage to the property. Behaviors ranging from smoking...
When a new renter signs a lease, the landlord will typically ask for a security deposit. This deposit may be given back at the end of the lease. It’s supposed to be used in case anything major occurs in the apartment and needs to be repaired. Under New Jersey law,...
New Jersey landlords often require sizable deposits when renting out properties to new tenants. State law limits security deposits to one-and-a-half month’s rent. Generally, there is an expectation that a landlord should return security deposit funds in full shortly after a tenant ends their tenancy. However, in a limited number...
Every residential tenant could potentially damage a property while living in a particular space, and their actions could cost the property owner money as a result. Tenants can force landlords to make repairs or fail to pay their rent, which is partially why landlords require security deposits. When a tenant...
You try to vet your tenants so that you don’t have any issues and you get good tenants who are respectful of the space and who work with you every step of the way. But you don’t always have enough time to make sure that you’ve gotten this perfectly right,...
The relationship between a landlord and tenant can be a tenuous, evolving thing. Some relationships run smoothly with the individuals only crossing paths and the beginning and end of the lease while some relationships are rocky from the outset. Unfortunately, it is not uncommon for a landlord/tenant relationship to turn...
