New Jersey Profit Maximizing Aggressive Landlord Oriented Electricity Clause

State:
Multi-State
Control #:
US-OL17024
Format:
Word; 
PDF
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Description

This office lease clause is a landlord-oriented electricity clause. It provides a considerable profit center for the landlord and picks up most of the characteristics and issues where the lessee agrees that lessor may furnish electricity to lessee on a "submetering" basis or on a "rent inclusion" basis.

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FAQ

Tenant rights grant them the ability to seek housing without any kind of discrimination from their landlord, as well as to ensure habitable housing conditions. New Jersey landlord-tenant law also allows tenants to request property repairs on time.

Paint requirements Painting or other protective coatings are the responsibility of the occupant, not the landlord when required more than once every three years, as a result of acts or omissions of the tenant. (Rental units are not required to be painted between tenants.)

Yes. Not paying rent is a valid reason for landlords to end a lease. However, they must provide proper notice to their tenant so that they pay the remaining rent before moving out. If the tenant refuses or fails to pay rent within the specified period, the landlord may have the legal right to file a lawsuit.

Lease Renewal A landlord must allow the tenant to renew the lease unless the landlord has good cause for an eviction under the Anti-Eviction Act. (This does not apply to two or three-family owner occupied dwellings, motels, hotels, transients or seasonal tenants).

Tenant's gross negligence which has caused damage or destruction to the premises. Continued violation or breach of landlord's reasonable rules. Failure to pay rent after a valid notice to quit and a reasonable rent increase. Premises will be demolished due to housing violations affecting health and safety.

As long as the tenant does not violate any rules, they can stay until their rental period ends. But if they stay in the property even a day after their lease/rental agreement ends and have not arranged for renewal, landlords can issue a written notice to the tenant to move.

In general a landlord does not have the right to enter the residential rental premises without consent of the tenant or a judgment from the Superior Court of New Jersey. Even if given legal authority to enter the rental premises, the landlord may only enter in a peaceable manner.

Late Fees. New Jersey allows landlords to charge tenants a late fee if they don't pay their rent on time. However, the late fee must be "reasonable" and cannot exceed 5% of the rent payment ? so, if a tenant's rent payment is $1,000 and they pay their rent five days late, the late fee cannot exceed $50.

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New Jersey Profit Maximizing Aggressive Landlord Oriented Electricity Clause