New Jersey Security Deposit Law
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This is the New Jersey Security Deposit Law. The New Jersey Security Deposit Law specifies how a landlord must collect, maintain, and return a security deposit. Under this law, a security deposit is money that belongs to the tenant but is held by the landlord in trust. New Jersey Department of Community Affairs Division of Codes and Standards Landlord-Tenant Information Service-SECURITY DEPOSIT LAW N.J.S.A. 46:8-19 THROUGH 26
Document Last Modified: 7/19/2023
Document Features
State-Specific
This is the New Jersey Security Deposit Law. The New Jersey Security Deposit Law specifies how a landlord must collect, maintain, and return a security deposit. Under this law, a security deposit is money that belongs to the tenant but is held by the landlord in trust.
Who: This is an informational document for landlords and tenants who own or rent property in the state of New Jersey.
What: This is the New Jersey Security Deposit Law. The New Jersey Security Deposit Law specifies how a landlord must collect, maintain, and return a security deposit. Under this law, a security deposit is money that belongs to the tenant but is held by the landlord in trust.
When: Informational documents provide a landlord and tenant with useful knowledge and reading such material periodically is useful.
Please Note: This document is reproduced here for educational purposes only.
New Jersey Rental Forms and Templates
- New Jersey Lease Agreement: This state-specific Lease is customizable and includes NJ laws.
- New Jersey Security Deposit Receipt Disclosure: This disclosure is required any time a NJ Landlord collects a security deposit from Tenants. It documents where the deposit is held and the interest it’s accruing.
- Rent Ledger: This form makes it EZ for Landlords to keep track of all rental payments. Should a Tenant ever be late with a rent payment, this form provides key documentation for Landlords.
- New Jersey 3 Day Notice to Quit: If a Tenant causes property damage or gets a disorderly conduct violation, this is the Notice Landlords should use to initiate eviction proceedings.
- New Jersey 30 Day Notice to Quit: This Notice should be used any time Tenants violate the Lease Agreement for reasons other than non-payment of rent.
- New Jersey Notice to Cease: In certain circumstances, this Notice should be provided to Tenants before the Notice to Quit.
- New Jersey Abandoned Property Notice: If a Tenant vacates or abandons a rental property and leaves property behind, this Notice should be used. It advises a Tenant that property will be stored for 30 days and then, if not claimed, sold or otherwise disposed of.
- New Jersey Eviction Law: New Jersey eviction law is complicated. This resource provides Landlords with all key eviction information.