This form is a way of putting a leasing agreement in writing. When a person wants to use a space without buying that space for themselves, they can rent said space from the landowner. When this occurs, the landowner and tenant must negotiate terms of the contract. These terms include information about payment schedules, rules for the land, and how the space will be used.
It’s important to use a basic rental agreement when you lease a property, no matter whether you’re the tenant or the landowner. If any legal issues arise, your lease is the main contract used for defense. The tenant must abide by the rules outlined in the lease, and the landowner must adhere to maintenance agreements and tenant rights.
For the most part, the leasing agreement is a way of making sure all parties are on the same page regarding the lease. This keeps the landowner from having any potentially unpleasant surprises regarding the use of the space, while also protecting the tenant from unreasonable demands. With the lease, everyone understands the rules and standards of the contract from the start. [pdf-embedder url=”https://cdn-prod-pdfsimpli-wpcontent.azureedge.net/pdfseoforms/pdf-20180219t134432z-001/pdf/free-nj-lease-agreement.pdf”]