New Jersey Security Deposit Receipt Disclosure
This New Jersey Security Deposit Receipt Disclosure is required with NJ leases, to document where the security deposit is held and at what interest rate.
Document Last Modified: 1/15/2020
This form is the Security Deposit Receipt & Disclosure for the state of New Jersey. This disclosure serves as verification of payment from the tenant for the security deposit. The New Jersey Security Deposit Receipt Disclosure is a simple but critical form for the tenant and the landlord’s records and legal compliance. To complete the document, the landlord must fill in a series of fields; our system will create the final, professional document for you. The landlord will input the lease start date, the amount of the security deposit, and the date the security deposit was received. To keep the landlord in line with New Jersey regulations, the landlord will complete the name and address of the bank in New Jersey where the deposit will be held. It is also required to report the interest rate that will be earned on the deposit. The form offers several lines to allow for the landlord and all tenants to sign and date the disclosure.
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