NAME OF DOCUMENT:

STANDARD FORM OF RESIDENTIAL LEASE

Valor Realty Service

NOTICE
TO LANDLORD AND TENANT
READ THIS NOTICE BEFORE SIGNING THE CONTRACT
The Law requires real estate brokers to give you the following information before you sign this contract.
It requires us to tell you that you must read all of it before you sign. The purpose is to help you in this purchase
or sale.
1) As a real estate broker, I represent:

the landlord, not the tenant;

name of brokerage

the tenant, not the landlord;

;
name of brokerage

both the landlord and the tenant;

either the landlord or the tenant.

neither the landlord nor the tenant. The title company does not represent

2) You will not get any legal advice unless you have your own lawyer. Neither I nor anyone from the
title company can give legal advice to either the tenant or the landlord. If you do not hire a lawyer, no one will
represent you in legal matters now or at the closing. Neither I nor the title company will represent you in those
matters.
3) The contract is the most important part of the transaction. It determines your rights, risks, and
obligations. Signing the contract is a big step. A lawyer would review the contract, help you to understand it,
and to negotiate its terms.
4) The contract becomes final and binding unless your lawyer cancels it within the following three
business days. If you do not have a lawyer, you cannot change or cancel the contract unless the other party
agrees. Neither can the real estate broker nor the title insurance company change the contract.
5) Another important service of a lawyer is to order a survey, title report, or other important reports. The
lawyer will review them and help to resolve any questions that may arise about the ownership and condition of
the property. These reports and survey can cost you a lot of money. A lawyer will also prepare the documents
needed to close title and represent you at the closing.
6) A tenant without a lawyer runs special risks. Only a lawyer can advise a tenant about what to do if
problems arise concerning the purchase of this property. The problems may be about the landlord's title, the size
and shape of the property, or other matters that may affect the value of the property. If either the broker or the
title company knows about the problems, they should tell you. But they may not recognize the problem, see it
from your point of view, or know what to do. Ordinarily, the broker and the title company have an interest in
seeing that the sale is completed, because only then do they usually receive their commissions. So, their
interests may differ from yours.
7) Whether you retain a lawyer is up to you. It is your decision. The purpose of this notice is to make
sure that you have the information needed to make your decision.

Landlord

Tenant

Landlord

Tenant

Landlord

Tenant

Landlord

Tenant

Date

Date

Broker
Date

GLOUCESTER/SALEM BOARD OF REALTORS STANDARD FORM OF

RESIDENTIAL LEASE
THIS IS A LEGALLY BINDING LEASE THAT WILL BECOME FINAL WITHIN THREE BUSINESS DAYS. DURING
THIS PERIOD YOU MAY CHOOSE TO CONSULT AN ATTORNEY WHO CAN REVIEW AND/OR CANCEL THE
LEASE. SEE SECTION ON ATTORNEY REVIEW FOR DETAILS.
1.
2.
3.
4.
5.
6.
7.
8.
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ATTORNEY REVIEW CLAUSE

PROPERTY
TERM
RENT
INITIAL DEPOSIT
SECURITY DEPOSIT
LATE PAYMENT PENALTY
ADDITIONAL RENT
POSSESSION AND USE
UTILITIES
NO ASSIGNMENT OR
SUBLETTING
VIOLATION, EVICTION &
RE-ENTRY
DAMAGES
QUIET ENJOYMENT
TENANT'S REPAIRS AND
MAINTENANCE
LANDLORD REPAIRS

17.
18.
19.
20.
21.
22.
23.
24.
25.
26.
27.
28.
29.
30.
31.
32.

ACCESS TO THE PROPERTY

33.
NO ALTERATIONS OR
34.
INSTALLATION OF EQUIPMENT
INSPECTION
35.
INSURANCE
36.
FIRE AND OTHER CASUALTY 37.
LIABILITY OF LANDLORD &
TENANT
38.
PETS
NOTICES
39.
NO WAIVER
SEVERABILITY
40.
RENEWAL OF LEASE
FURNITURE
END OF TERM
41.
ASSOCIATION BYLAWS, RULES 42.
& REGULATIONS
BINDING
43:
ENTIRE AGREEMENT
44.

BROKER'S COMMISSION
LEAD-BASED PAINT DOCUMENT
ACKNOWLEDGMENT
WINDOW GUARD NOTIFICATION
MEGAN'S LAW STATEMENT
CONSUMER INFORMATION
STATEMENT ACKNOWLEDGMENT
DECLARATION OF LICENSEE
BUSINESS RELATIONSHIP
ACKNOWLEDGMENT OF TRUTH IN
RENTING STATEMENT
SMOKE DETECTOR, CARBON
MONOXIDE ALARMS, and
PORTABLE FIRE EXTINGUISHER
PRIVATE WELL TESTING
CONDO/CO-OP RIGHT OF
TERMINATION
TENANT LAW
OTHER LEASE PROVISIONS

RESIDENTIAL LEASE AGREEMENT

BETWEEN LANDLORD:
whose address is
AND TENANT:
whose address is

The word "Landlord" as used in this Lease means all of the landlords above listed. In all instances in which the Landlord
may exercise rights or perform obligations under this Lease, it may do so through its authorized agents or representatives.
The word "Tenant" as used in this Lease means all of the tenants above listed.

1. ATTORNEY REVIEW
1. Study by Attorney:
The Buyer or the Seller may choose to have an attorney study this Contract. If an attorney is consulted, the attorney
must complete his or her review of the Contract within a three-day period. This contract will be legally binding at the end
of this three-day period unless an attorney for the Buyer or the Seller reviews and disapproves of this Contract.
2. Counting the Time:
You count the three days from the date of delivery of the signed Contract to the Buyer and Seller. You do not count
Saturdays, Sundays, or legal holidays. The Buyer and the Seller may agree in writing to extend the three-day period for
attorney review.
3. Notice of Disapproval:
If an attorney for the Buyer or the Seller reviews and disapproves of this contract, the attorney must notify the
REALTOR(S) and the other party named in this contract within the three-day period. Otherwise, this contract will be
legally binding as written. The attorney must send the notice of disapproval to the REALTOR(S) by certified mail, by
telegram, or by delivering it personally. The telegram or certified letter will be effective upon sending. The personal
delivery will be effective upon delivery to the REALTOR(S) office. The attorney may also, but need not, inform the
REALTOR(S) of any suggested revision(s) in the contract that would make it satisfactory.
2. PROPERTY: The Tenant agrees to lease from the Landlord and the Landlord agrees to lease to the Tenant (the
single family home
) (apartment #
) (condominium unit #
) (townhouse unit #
)
having a street address of
located in , NJ
, (referred to as the "Property").
3. TERM: The Term of this Lease is for
(years) (months) starting on
and
ending on
. This is referred to as the "Term". If the Landlord is unable to give possession of
the Property to the Tenant on the first day of the Term, the Landlord shall not have any liability to the Tenant. However,
the Tenant shall not be liable for the payment of rent until the Landlord gives possession of the Property to the Tenant. If
the Landlord fails to give possession of the Property within 30 days of the start date set forth above, then the Tenant may
terminate this Lease by giving notice to Landlord. If the first day of the Term is delayed, then the last day of the Term
shall be adjusted accordingly, so that the Term remains for the number of months or years above stated.

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4. RENT: The rent for the Term of this Lease is $

, to be paid as follows: $
month, which is due on the
day of each month. Rent shall be payable to:

per
.

(Name and Address)

5. INITIAL DEPOSIT: Tenant has paid an initial deposit of $

received on
the first month's rent or
the Security Deposit. The balance shall be paid as follows:
that will be credited towards
,
First month's rent $
Due on
Security Deposit $
Due on
.
6. SECURITY DEPOSIT: Tenant shall pay to the Landlord the sum of $
(the "Security Deposit"
which cannot exceed one and one-half months rent) to assure that Tenant performs all of Tenant's obligations under this Lease.
Landlord shall comply with the Rent Security Deposit Act (N.J.S.A. 46:8-19 et seq.; the "Act"). This includes depositing the
Security Deposit into a banking institution or investment company in New Jersey and notifying the Tenant in writing within 30
days of Landlord's receipt of the Security Deposit of (i) the name and address of the banking institution or investment company;
(ii) the type of account in which the Security Deposit is deposited or invested (for example, interest bearing or money market);
(iii) the amount of the Security Deposit and (iv) the current rate of interest for the account. The Act also requires payment in
cash to Tenant of all interest earned on the Security Deposit upon the anniversary date of this Lease or the renewal of the term of
this Lease. At such time, or at the time of a change in the type of account or a change in the banking institution or investment
company, Landlord shall again notify Tenant of (i) the name and address of the banking institution or investment company; (ii)
the type of account in which the Security Deposit is deposited or invested; (iii) the amount of Security Deposit and; (iv) the
current rate of interest for the account. Such a notice shall also be given to Tenant within 30 days after conveyance of the
Property.
The Landlord may deduct from the Security Deposit any costs resulting from the Tenant's failure to comply with any of the
terms of this Lease. If the Landlord makes any such deductions, then upon demand, the Tenant shall promptly restore the
Security Deposit to its original amount. The Security Deposit may not be used by the Tenant for the payment of rent without the
written consent of the Landlord.
The Landlord shall inspect the Property after the Tenant vacates at the end of the Term. Within 30 days of the termination of
this Lease, the Landlord shall return the Security Deposit plus the undistributed interest to the Tenant, less any charges expended
by the Landlord for damages to the Property resulting from the Tenant's occupancy. The interest and deductions shall be
itemized in a statement by the Landlord, and shall be forwarded to the Tenant with the balance of the Security Deposit by
personal delivery, registered or certified mail.
If the Landlord sells or transfers the Property during the Term of this Lease, the Landlord will transfer the Security Deposit
plus the undistributed interest to the new owner. Landlord shall notify the Tenant of the sale and transfer, as well as the name
and address of the new owner. The notice shall be given by registered or certified mail within five days after conveyance of title.
After acquisition of the Property, the new owner shall have all responsibility regarding the Security Deposit, and the Landlord
shall have no further responsibility.
7. LATE PAYMENT PENALTY: If the Tenant does not pay the rent by the
day of the month, the
Tenant shall pay a late charge of
until the rent is received by
Landlord. The late charge shall be added to the rent, and shall be considered as additional rent, which is defined in Section 8. In
the event any rent check is returned unpaid due to insufficient funds, the Tenant agrees to pay the Landlord a $
processing charge. In such event, the Landlord reserves the right to demand that future rent payments be made in cash, bank or
certified check.
8. ADDITIONAL RENT: Landlord may perform any obligations under this Lease which are Tenant's responsibility and
which Tenant fails to perform. The cost to Landlord for such performance may be charged to Tenant as "additional rent" which
shall be due and payable with the next installment of monthly rent. The additional rent may include reasonable attorney's fees
incurred by Landlord because of Tenant's failure to perform under this Lease. Landlord has the same rights against Tenant for
failure to pay additional rent as Landlord has for Tenant's failure to pay monthly rent. This means that the Landlord may evict
Tenant for failure to pay additional rent.
9. POSSESSION AND USE: The Landlord shall give possession of the Property to the Tenant for the Term of this Lease
except as otherwise provided in this Lease. The Tenant shall occupy the Property only as a private residence, and will not use the
Property for any business, trade or profession. The Tenant shall not store any flammable, dangerous or hazardous materials at
the Property, other than ordinary household cleaning materials. The Property shall not be allowed to be vacant for any extended
period of time.
10. UTILITIES: The Tenant shall arrange to have the utilities transferred into Tenant's name prior to occupancy, and shall
be responsible for paying the following utility services:
Gas
Electric
Water
Heat
Sewer
General Trash Disposal
(Other)
.
The Landlord shall provide and pay for the following utility services:
Gas
Electric
Water
Heat
Sewer
General Trash Disposal
(Other)
.
The Tenant agrees not to waste or unreasonably use any utility or appliance that is provided by the Landlord. Landlord shall not
be responsible for any damage or loss caused to Tenant or Tenant's property because of an interruption in utility services over
which Landlord has no reasonable means of control. Any such interruption shall not be grounds for Tenant to reduce or stop
paying rent.
11. NO ASSIGNMENT OR SUBLETTING: The Tenant may not assign this Lease, sublet all or any part of the Property,
or permit any other person to use the Property without the prior written permission of the Landlord. The Landlord may withhold
such permission in Landlord's sole and absolute discretion.
12. VIOLATION, EVICTION AND RE-ENTRY: The Landlord reserves the right of re-entry. This means that if the
Tenant violates the terms of this Lease, the Landlord may terminate this Lease and regain possession of the Property. This is
done by a court proceeding known as an eviction. A complaint is served upon the Tenant and the Tenant must appear in court.
The Landlord may also evict the Tenant for any other cause which is permitted by applicable law. When the eviction proceeding
is concluded, the Landlord may regain possession of the Property.
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13. DAMAGES: The Tenant is liable for all Landlord's damages caused by Tenant's breach of this Lease. Such damages
may include loss of rent, the cost of preparing the Property for re-renting, brokerage commission in finding a new tenant as a
result of Tenant's eviction or Tenant moves out prior to the end of the Term as well as reasonable attorney's fees and court costs.
14. QUIET ENJOYMENT: The Tenant may occupy the Property without interference, subject to Tenant's compliance
with the terms of this Lease.
15. TENANT'S REPAIRS AND MAINTENANCE: The Tenant shall:
(a) Pay for all repairs, replacements and damages caused by the act or neglect of the Tenant, the Tenant's family, domestic
employees, guests or visitors, which includes but is not limited to sewer and plumbing drainage problems caused by the
Tenant.
(b) Keep and maintain the Property in a neat, clean, safe and sanitary condition.
(c) Cut the grass and maintain the shrubbery.
(d) Drive and park vehicles only in designated areas, if any.
(e) Take good care of the Property and all equipment, fixtures, carpeting and appliances located in it.
(f) Keep the furnace clean, and regularly change the furnace filters, if applicable.
(g) Keep nothing in the Property which is flammable, dangerous or which might increase the danger of fire or other
casualty.
(h) Promptly notify the Landlord of any condition which requires repairs to be done.
(i) Use the electric, plumbing and other systems and facilities in a safe manner.
(j) Promptly remove all garbage and recyclables from the Property and place it at the curb (or other designated area) in the
proper containers in accordance with the prescribed pick-up schedule.
(k) Not engage in any activity which may cause a cancellation or an increase in the cost of the Landlord's insurance
coverages.
(1) Use no more electricity than the receptacles, wiring or feeders to the Property can safely carry.
(m) Obey all instructions, written or otherwise, of the Landlord for the care and use of appliances, equipment and other
personal property.
(n) Do nothing to destroy, deface or damage any part of the Property.
(o) Promptly comply with all orders and rules of the Board of Health or any other governmental authority which are
directed to the Tenant.
(p) Do nothing which interferes with the use and enjoyment of neighboring properties.
(q) Do nothing to cause any damage to any trees or landscaping on the Property.
(r) Keep the walks and driveway free from dirt, debris, snow, ice and any hazardous objects.
(s) Comply with such rules and regulations that may be published from time to time by the Landlord.
16. LANDLORD REPAIRS: The Landlord shall make any necessary repairs and replacements to the vital facilities
serving the Property, such as the heating, plumbing and electrical systems, within a reasonable time after notice by the Tenant.
The Tenant may be liable for the cost of such repairs and replacements pursuant to Section 15. The Landlord shall not be liable
for interruption of services or inconvenience resulting from delays in making repairs or replacements if due to circumstances
beyond Landlord's reasonable control.
17. ACCESS TO THE PROPERTY: The Landlord shall have access to the Property on reasonable notice to the Tenant in
order to (a) inspect the interior and exterior of the Property, (b) make necessary repairs, alterations, or improvements, (c) supply
services, and (d) show it to prospective buyers, appraisers, contractors or insurers. The Landlord may enter the Property without
prior notice in the event of an emergency or if the Tenant is not home for more than seven consecutive days. If this Lease is not
renewed as per Section 27 of this Lease Agreement, Landlord shall then be allowed access to the Property at any time prior to
the end of the Term for showing of Property to prospective tenants.
18. NO ALTERATIONS OR INSTALLATION OF EQUIPMENT: The Tenant may not alter or change the Property
without first obtaining Landlord's written consent. By way of example, the Tenant may not:
(a) Install any improvement such as carpeting, paneling, floor tiles, or any other improvement which is nailed or tacked
down, cemented or glued in;
(b) Install any locks or chain guards;
(c) Wallpaper, affix wall coverings or other permanent type decorations;
(d) Install or change the electrical, plumbing, heating or air cooling system.
When painting (whether interior or exterior), the Tenant must have the Landlord's permission regarding paint colors. All
painting must be done in a professional and workmanlike manner. The Tenant shall repair all walls and ceilings which had
pictures or fixtures attached, prior to vacating. Any and all changes, additions or improvements made without the Landlord's
written consent shall be removed by the Tenant on demand by the Landlord. The Property shall be in substantially the same
condition at the end of the Term as it was at the beginning of the Term, reasonable wear and tear excepted.
All permitted changes, additions and improvements shall become the property of the Landlord when completed, shall be fully
paid for by the Tenant, and shall remain as part of the Property at the end of the Term of this Lease, unless the Landlord
demands that the Tenant remove them. The Tenant shall not allow any construction lien or other claim to be filed against the
Property. If any such lien or claim is filed against the Property, the Tenant shall have it promptly removed.
19. INSPECTION: If the municipality requires a continued use inspection or certificate of occupancy prior to occupancy,
the Landlord shall be responsible for obtaining such inspections and certificates as well as making the necessary repairs.
20. INSURANCE: The Tenant shall be responsible for obtaining, at Tenant's own cost and expense, a tenant's insurance
policy for the Tenant's furniture, furnishings, clothing and other personal property. The Tenant's personal property shall not be
the responsibility of the Landlord, and will not be insured by the Landlord. The Tenant's insurance policy must also include
liability coverage. Upon request, the Tenant shall periodically furnish Landlord with evidence of Tenant's insurance policy.
21. FIRE AND OTHER CASUALTY: Immediate notice shall be given by the Tenant to Landlord of any fire or other
casualty which occurs at the Property. If the Property is uninhabitable, Tenant's obligation to pay rent shall cease until the time
that the Property is restored by the Landlord. If only a part of the Property is uninhabitable, then the rent shall be adjusted
proportionately.
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If only part of the Property is damaged, the Landlord shall repair the Property within a reasonable period of time. Landlord
shall not be obligated to repair or restore any improvements that Tenant has made to the Property.
Either party may cancel this Lease if the Property is so damaged by fire or other casualty that the Property cannot be repaired
within 90 days. The Landlord's determination in such regard shall be final, conclusive and binding on both parties.
The Lease shall end if the Property is totally destroyed. The Tenant shall pay rent to the date of destruction.
If the fire or other casualty is caused by the act or neglect of the Tenant, the Tenant's family, domestic employees, guests or
visitors, the Tenant shall pay for all repairs and other damages.
22. LIABILITY OF LANDLORD AND TENANT: The Landlord is not legally responsible for any loss, injury or damage
to any person or property unless such loss, injury or damage is directly caused by the Landlord's negligence. The Tenant is
legally responsible for loss, injury or damage to any person or property caused by the negligence of the Tenant, the Tenant's
family members, domestic employees, guests or visitors.
23. PETS: No dogs, cats or other pets shall be permitted on the Property without the prior written consent of the Landlord,
which the landlord may withhold in the Landlord's sole and absolute discretion.
24. NOTICES: All notices given under this Lease must be in writing in order to be effective. Delivery of notices may not
be refused. If any notice is refused, it shall be considered to have been effectively given. Notices shall be given by (a) personal
delivery, or (b) certified mail, return receipt requested, unless applicable law requires a different means of notice. Notices to the
Landlord shall be at the address on the first page of this Lease, and to the Tenant at the Property.
25. NO WAIVER: The Landlord's failure to enforce any obligation of the Tenant contained in this Lease in any one
instance shall not prevent the Landlord from enforcing the obligation at a later time.
26. SEVERABILITY: If any term or condition of this Lease is contrary to law, the remainder of the Lease shall be
unaffected and shall continue to be binding upon the parties.
27. RENEWAL OF LEASE: The Tenant must be offered a renewal of this Lease by the Landlord, unless the Landlord has
good cause not to do so under applicable law. Reasonable changes may be included in the renewal Lease. Not less than
days before the expiration of the Term of this Lease, the Landlord shall notify the Tenant of the proposed terms for the renewal
Lease. Within
days after the Tenant receives the Landlord's renewal notice, Tenant shall notify Landlord whether Tenant
accepts or rejects the proposed renewal Lease. If the Tenant does not notify the Landlord of Tenant's acceptance, then the
Landlord's proposal shall be considered to have been rejected. If the Tenant does not accept the renewal Lease, the Tenant must
vacate the Property at the end of the Term.
28. FURNITURE: If the Property is leased in furnished condition, or if the Landlord leaves personal property to be used by
the Tenant, the Tenant shall maintain the furniture and furnishings in good condition and repair. A list of such items shall be
attached to this Lease and signed by the Landlord and the Tenant.
29. END OF TERM: At the end of the Term, the Tenant shall (a) leave the Property clean, (b) remove all of the Tenant's
property, (c) repair any damage including that caused by moving, (d) make arrangements for final utility readings and pay all
final utility bills and (e) vacate the Property and return it with all keys to the Landlord in the same condition as it was at the
beginning of the Term, except for normal wear and tear.
30. ASSOCIATION BYLAWS, RULES AND REGULATIONS: If Property is subject to any Association Bylaws and
Rules and Regulations, Tenant agrees to comply with such Association Bylaws and Rules and Regulations including any
amendments.
31. BINDING: This Lease is binding on the Landlord and the Tenant and all parties who lawfully succeed to their rights
and responsibilities.
32. ENTIRE AGREEMENT: This Lease contains the entire agreement of the Landlord and Tenant. No representations
have been made by the Landlord or its real estate broker or agents except as set forth in this Lease. This Lease can only be
changed in writing by an agreement signed by both the Landlord and the Tenant.
33. BROKER'S COMMISSION: The Broker's Commission is earned, due and payable upon signing of a fully executed
Lease Agreement and satisfaction of the Attorney Review Period set forth in Section 33 of this Lease. The Commission shall be
paid by the
Landlord in accord with previously executed Listing Agreement.
Tenant and shall be payable as follows:

Listing Broker

Commission
Phone Number

Address and Telephone #

Participating Broker

Commission
Phone Number

Address and Telephone #

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Fax Number

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34. LEAD-BASED PAINT DOCUMENT ACKNOWLEDGMENT: (Applies to dwellings built before 1978)
The Tenant acknowledges receipt of the EPA pamphlet, "Protect Your Family From Lead In Your Home". Moreover, a copy
of the document entitled, "Disclosure of Information on Lead-Based Paint and Lead-Based Paint Hazards" has been fully
completed, signed by Tenant, Landlord and Broker(s) and is appended to and made a part of this Agreement.
35. WINDOW GUARD NOTIFICATION:
IN THE EVENT TENANT RESIDES IN A MULTIPLE DWELLING IN AN APARTMENT UNIT ABOVE THE
FIRST FLOOR (AS DEFINED BELOW), AND THE UNIT IS OCCUPIED BY A CHILD OR CHILDREN 10 YEARS
OF AGE OR UNDER, OR A CHILD OR CHILDREN 10 YEARS OF AGE OR UNDER ARE REGULARLY PRESENT
FOR A SUBSTANTIAL PERIOD OF TIME IN THE UNIT AS AND TO THE EXTENT PROVIDED IN N.J.S.A.
55:13A-7.12 AND/OR N.J.A.C. 5:10-27, TENANT MAY REQUIRE OWNER, LESSOR OR THE AGENT OR OTHER
PERSON WHO MANAGES THE MULTIPLE DWELLING TO FURNISH, INSTALL AND MAINTAIN APPROVED
CHILD PROTECTION WINDOW GUARDS ON WINDOWS IN SUCH UNIT AND ON ANY WINDOWS IN THE
PUBLIC HALLWAYS TO WHICH SUCH CHILD OR CHILDREN HAVE ACCESS WITHOUT HAVING TO GO
OUT OF THE BUILDING BY MAKING A WRITTEN REQUEST FOR SUCH WINDOW GUARDS TO THE
OWNER, LESSOR OR AGENT OR OTHER PERSON WHO MANAGES OR CONTROLS THE MULTIPLE
DWELLING.
THIS LAW DOES NOT APPLY TO (1) ANY WINDOW THAT (a) GIVES ACCESS TO A FIRE ESCAPE, (b) IS
NOT DESIGNED TO OPEN, OR (c) IS ON THE FIRST FLOOR, EXCEPT IN SUCH CIRCUMSTANCES AS THE
COMMISSIONER MAY PROVIDE BY RULE OR (2) SEASONAL RENTAL UNITS, WHICH INCLUDE
DWELLING UNITS RENTED FOR A TERM OF NOT MORE THAN 125 CONSECUTIVE DAYS FOR
RESIDENTIAL PURPOSES BY A PERSON HAVING A PERMANENT RESIDENCE ELSEWHERE BUT SHALL
NOT INCLUDE USE OR RENTAL OF LIVING QUARTERS BY MIGRANT, TEMPORARY OR SEASONAL
WORKERS IN CONNECTION WITH ANY WORK OR PLACE WHERE WORK IS BEING PERFORMED. A
WINDOW IN A ROOM OR HALLWAY SHALL NOT BE CONSIDERED TO BE ON THE FIRST FLOOR IF THE
FINISHED SURFACE OF THE FLOOR OF THAT ROOM OR HALLWAY IS MORE THAN SIX FEET ABOVE
GRADE AS MEASURED AT THE LOCATION OF THE WINDOW. IN THE EVENT TENANT RESIDES IN AN
APARTMENT UNIT ON THE FIRST FLOOR AND SUCH UNIT WILL ALSO BE OCCUPIED BY A CHILD OR
CHILDREN 10 YEARS OF AGE OR UNDER, OR A CHILD OR CHILDREN 10 YEARS OF AGE OR UNDER ARE
REGULARLY PRESENT FOR A SUBSTANTIAL PERIOD OF TIME IN THE UNIT AS AND TO THE EXTENT
PROVIDED IN N.J.S.A. 55:13A-7.12 AND/OR N.J.A.C. 5:10-27, TENANT MAY HAVE CHILD PROTECTION
WINDOW GUARDS INSTALLED IN THE PUBLIC HALLWAYS ABOVE THE FIRST FLOOR TO WHICH SUCH
CHILD OR CHILDREN HAVE ACCESS WITHOUT HAVING TO GO OUT OF THE BUILDING BY MAKING A
WRITTEN REQUEST FOR SUCH WINDOW GUARDS TO THE OWNER, LESSOR OR AGENT OR OTHER
PERSON WHO MANAGES OR CONTROLS THE DWELLING. NOTWITHSTANDING ANY MUNICIPAL
ORDINANCE TO THE CONTRARY, EXPENDITURES NOT EXCEEDING $20 PER WINDOW GUARD
INSTALLED IN A DWELLING UNIT THAT ARE MADE PURSUANT TO P.L. 1995, C.120 (C.55:13A-7.12 et seq.)
MAY BE PASSED ON TO THE TENANT WHO REQUESTED INSTALLATION OF THE WINDOW GUARD.
Tenant's Initials
Landlord's Initials
36. MEGAN'S LAW STATEMENT:
UNDER NEW JERSEY LAW, THE COUNTY PROSECUTOR DETERMINES WHETHER AND HOW TO
PROVIDE NOTICE OF THE PRESENCE OF CONVICTED SEX OFFENDERS IN AN AREA. IN THEIR
PROFESSIONAL CAPACITY, REAL ESTATE LICENSEES ARE NOT ENTITLED TO NOTIFICATION BY THE
COUNTY PROSECUTOR UNDER MEGAN'S LAW AND ARE UNABLE TO OBTAIN SUCH INFORMATION FOR
YOU. UPON CLOSING, THE COUNTY PROSECUTOR MAY BE CONTACTED FOR SUCH FURTHER
INFORMATION AS MAY BE DISCLOSABLE TO YOU.
37. CONSUMER INFORMATION STATEMENT ACKNOWLEDGMENT: By signing below, the Landlord and
Tenant acknowledge they received the Consumer Information Statement on New Jersey Real Estate Relationships from the
brokerage firms involved in this transaction prior to the first showing of the Property.
38. DECLARATION OF LICENSEE BUSINESS RELATIONSHIP(S):
(name of firm)
A.
(name(s) of licensee(s))
AND
AS ITS AUTHORIZED REPRESENTATIVE(S) ARE WORKING IN THIS TRANSACTION AS (choose one)

LANDLORD'S AGENT
TENANT'S AGENT
DISCLOSED DUAL AGENTS
TRANSACTION BROKERS.
B. INFORMATION SUPPLIED BY
(name of other firm)
HAS INDICATED THAT IT IS OPERATING IN THIS TRANSACTION AS A (choose one)
LANDLORD'S AGENT ONLY
TENANT'S AGENT ONLY
DISCLOSED DUAL AGENT
TRANSACTION BROKER.
39. ACKNOWLEDGMENT OF TRUTH IN RENTING STATEMENT: (Applies to all Tenants with a rental term of
at least one month living in residences with more than two dwelling units or more than three if the Landlord occupies
one.) By signing below, Tenant acknowledges receipt of the booklet, "Truth In Renting - A guide to the rights and
responsibilities of residential tenants and landlords in New Jersey".
40. SMOKE DETECTORS, CARBON MONOXIDE ALARM AND PORTABLE FIRE EXTINGUISHER
COMPLIANCE: The Certificate of smoke detectors, carbon monoxide alarm and portable fire extinguisher compliance
(CSDCMAPFEC), as required by law, shall be the responsibility of the Landlord. If such alarms are battery operated, the
Tenant shall be responsible for their maintenance.

PAGE 5
Valor Realty Service

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41. PRIVATE WELL TESTING: (This section is applicable if the Property's potable water supply is provided by a
private well for which testing of the water is not required by any State law other than the Private Well Testing Act (the
"Act" - N.J.S.A. 58:12A-26 to 37). By March 14, 2004, and at least once every five years thereafter, the Landlord is required
to test the potable water supply for the Property in accordance with the Act. Within thirty (30) days after receiving the test
results, the Landlord shall provide a written copy thereof to the Tenant. Also, the Landlord is required to provide a written copy
of the most recent test results to any new tenant at the Property. If the Property is for "seasonal use or rental," the Landlord shall
either post the tests results in a readily visible location inside of the Property or provide a written copy thereof to the tenant. A
"seasonal use or rental" means use or rental for a term of not more than 125 consecutive days for residential purposes by a
person having a permanent place of residence elsewhere. By signing below, Tenant acknowledges receipt of a written copy of
the test results, or in the case of a seasonal rental, if it has not received the test results, acknowledges the posting thereof inside of
the Property in accordance with the Act.
42: CONDOMINIUM/CO-OPERATIVE RIGHT OF TERMINATION: If this property is a condominium or
cooperative, or is in the process of being converted to a condominium or cooperative, then the following language is provided as
required by law:
THIS BUILDING IS BEING CONVERTED TO OR IS A CONDOMINIUM OR COOPERATIVE. YOUR
TENANCY CAN BE TERMINATED UPON SIXTY DAYS NOTICE IF YOUR APARTMENT IS SOLD TO A BUYER
WHO SEEKS TO PERSONALLY OCCUPY IT. IF YOU MOVE OUT AS A RESULT OF RECEIVING SUCH A
NOTICE, AND THE LANDLOARD ARBITRARILY FAILS TO COMPLETE THE SALE, THE LANDLORD SHALL
BE LIABLE FOR TREBLE DAMAGES AND COURT COSTS.
(When a lease is in effect, no legal action may be taken by the Landlord to terminate your tenancy under the terms of this
paragraph until the lease expires.)
43. TENANT LAW
IF THE TENANT IS SUCCESSFUL IN ANY ACTION OR SUMMARY PROCEEDING ARISING OUT OF THIS
LEASE, THE TENANT SHALL RECOVER ATTORNEYS FEES OR EXPENSES OR BOTH FROM THE
LANDLORD TO THE SAME EXTENT THE LANDLORD IS ENTITLED TO RECOVER ATTORNEYS FEES OR
EXPENSES, OR BOTH AS PROVIDED IN THIS LEASE.
44. OTHER LEASE PROVISIONS, IF ANY:

Witness:
Landlord

Date

Landlord

Date

Tenant

Date

Tenant

Date

The parties acknowledge by their initials the date of delivery of this Lease signed by both Tenant and Landlord to be as follows:

INITIALS AS TO TENANT (
Date; ____________________
Valor Realty Service

INITIALS AS TO LANDLORD (

Date; ____________________
PAGE 6

GSCBOR Residential Lease 2/2014

ADDENDUM
DISCLOSURE OF INFORMATION AND ACKNOWLEDGMENT ABOUT
LEAD-BASED PAINT AND/OR LEAD-BASED PAINT HAZARDS
Format for Target Housing Rentals and Leases
LEAD PAINT WARNING

Housing built before 1978 may contain lead-based paint. Lead from paint, paint chips and dust can pose
health hazards if not taken care of properly. Lead exposure is especially harmful to young children and
pregnant women. Before renting pre-1978 housing, landlords must disclose the presence of known lead-based
paint and lead-based paint hazards in the dwelling. Tenants must also receive a Federally approved pamphlet
on lead poisoning prevention.

Landlord's Disclosure (initial)

(A) Presence of lead-based paint and/or lead-based paint hazards (check one below):
Known lead-based paint and/or lead-based paint hazards are present in the housing (explain):

Landlord has no knowledge of lead-based paint and/or lead-based paint hazards in the housing.
(B) Records and Reports available to the landlord (check one below):
Landlord has provided the tenant with all available records and reports pertaining to lead-based
paint and/or lead-based paint hazards in the housing (list documents below).

Landlord has no reports or records pertaining to lead-based paint and/or lead-based hazards in
the housing.
Tenant's Acknowledgement (initial)
(C) Tenant has received copies of all information listed above.
(D) Tenant has received the pamphlet Protect Your Family From Lead in Your Home.

AGENT'S ACKNOWLEDGMENT (initial)

(E) Agent has informed the landlord of the landlord's obligations under 42 U.S.C. 4852(d) and is aware
of his/her responsibility to ensure compliance.
CERTIFICATION OF ACCURACY
The following parties have reviewed the information above and certify, to the best of their knowledge, that the
information provided by the signatory is true and accurate.

Landlord

Landlord

Tenant

Tenant

Agent

Agent

Valor Realty Service

Consumer Information
Statement
On New Jersey Real Estate
In New Jersey, real estate licensees are required to
disclose how they intend to work with buyers and
sellers in a real estate transaction. (In rental
transactions, the terms "buyers" and "sellers" should
be read as "tenants" and "landlords," respectively.)

1. AS A SELLER'S AGENT OR SUBAGENT, I, AS A LICENSEE, REPRESENT THE SELLER AND ALL MATERIAL
INFORMATION SUPPLIED TO ME BY THE BUYER WILL BE TOLD TO THE SELLER.
2. AS A BUYER'S AGENT, I, AS A LICENSEE, REPRESENT THE BUYER AND ALL MATERIAL INFORMATION
SUPPLIED TO ME BY THE SELLER WILL BE TOLD TO THE BUYER.
3. AS A DISCLOSED DUAL AGENT, I, AS A LICENSEE, REPRESENT BOTH PARTIES, HOWEVER, I MAY NOT,
WITHOUT EXPRESS PERMISSION, DISCLOSE THAT THE SELLER WILL ACCEPT A PRICE LESS THAN THE
LISTING PRICE OR THAT THE BUYER WILL PAY A PRICE GREATER THAN THE OFFERED PRICE.
4. AS A TRANSACTION BROKER, I, AS A LICENSEE, DO NOT REPRESENT EITHER THE BUYER OR THE
SELLER. ALL INFORMATION I ACQUIRE FROM ONE PARTY MAY BE TOLD TO THE OTHER PARTY.
Before you disclose confidential information to a real estate licensee regarding a real estate transaction, you should
understand what type of business relationship you have with that licensee. There are four business relationships: (1) seller's
agent; (2) buyer's agent; (3) disclosed dual agent; and (4) transaction broker. Each of these relationships imposes certain legal
duties and responsibilities on the licensee as well as on the seller or buyer represented. These four relationships are defined in
greater detail below. Please read carefully before making your choice.
SELLER'S AGENT
A seller's agent WORKS ONLY FOR THE SELLER and has legal obligations, called fiduciary duties, to the seller. These
include reasonable care, undivided loyalty, confidentiality and full disclosure. Seller's agents often work with buyers, but do
not represent the buyers. However, in working with buyers a seller's agent must act honestly. In dealing with both parties, a
seller's agent may not make any misrepresentations to either party on matters material to the transaction, such as the buyer's
financial ability to pay, and must disclose defects of a material nature affecting the physical condition of the property which a
reasonable inspection by the licensee would disclose.
Seller's agents include all persons licensed with the brokerage firm which has been authorized through a listing agreement to
work as the seller's agent. In addition, other brokerage firms may accept an offer to work with the listing broker's firm as the
seller's agents. In such cases, those firms and all persons licensed with such firms, are called "sub-agents." Sellers who do not
desire to have their property marketed through sub-agents should so inform the seller's agent.
BUYER'S AGENT
A buyer 's agent WORKS ONLY FOR THE BUYER. A buyer's agent has fiduciary duties to the buyer which includes
reasonable care, undivided loyalty, confidentiality and full disclosure. However, in dealing with sellers a buyer's agent must
act honestly. In dealing with both parties, a buyer's agent may not make any misrepresentations on matters material to the
transaction, such as the buyer's financial ability to pay, and must disclose defects of a material nature affecting the physical
condition of the property which a reasonable inspection by the licensee would disclose.
A buyer wishing to be represented by a buyer's agent is advised to enter into a separate written buyer agency contract with
the brokerage firm which is to work as their agent.

DISCLOSED DUAL AGENT

A disclosed dual agent WORKS FOR BOTH THE BUYER AND SELLER. To work as a dual agent, a firm must first obtain
the informed written consent of the buyer and the seller. Therefore, before acting as a disclosed dual agent, brokerage firms
must make written disclosure to both parties. Disclosed dual agency is most likely to occur when a licensee with a real estate
firm working as a buyer's agent shows the buyer properties owned by sellers for whom that firm is also working as a seller's
agent or sub-agent.
A real estate licensee working as a disclosed dual agent must carefully explain to each party that, in addition to working as
their agent, their firm will also work as the agent for the other party. They must also explain what effect their working as a
disclosed dual agent will have on the fiduciary duties their firm owes to the buyer and to the seller. When working as a
disclosed dual agent, a brokerage firm must have the express permission of a party prior to disclosing confidential
information to the other party. Such information includes the highest price a buyer can afford to pay and the lowest price a
seller will accept and the parties' motivation to buy or sell. Remember, a brokerage firm acting as a disclosed dual agent will
not be able to put one party's interests ahead of those of the other party and cannot advise or counsel either party on how to
gain an advantage at the expense of the other party on the basis on confidential information obtained from or about the other
party.
If you decide to enter into an agency relationship with a firm which is to work as a disclosed dual agent, you are advised to
sign a written agreement with that firm.
TRANSACTION BROKER
The New Jersey Real Estate Licensing Law does not require licensees to work in the capacity of an "agent" when providing
brokerage services. A transaction broker works with a buyer or a seller or both in the sales transaction without representing
anyone. A TRANSACTION BROKER DOES NOT PROMOTE THE INTERESTS OF THE ONE PARTY OVER THOSE
OF THE OTHER PARTY TO THE TRANSACTION. Licensees with such a firm would be required to treat all parties
honestly and to act in a competent manner, but they would be required to keep confidential any information. A transaction
broker can locate qualified buyers for a seller or suitable properties for a buyer. They can then work with both parties in an
effort to arrive at an agreement on the sale or rental of real estate and perform tasks to facilitate the closing of a transaction.
A transaction broker primarily serves as a manager of the transaction, communicating information between the parties to
assist them in arriving at a mutually acceptable agreement and in closing the transaction, but cannot advise or counsel either
party on how to gain an advantage at the expense of the other party. Owners considering working with transaction brokers are
advised to sign a written agreement with that firm which clearly states what services that firm will perform and how it shall
be paid. In addition, any transaction brokerage agreement with a seller or landlord should specifically state whether a notice
on the property to be rented or sold will or will not be circulated in any or all Multiple Listing System(s) of which that firm is
a member.
YOU MAY OBTAIN LEGAL ADVICE ABOUT THESE BUSINESS RELATIONSHIPS FROM YOUR OWN LAWYER.
THIS STATEMENT IS NOT A CONTRACT AND IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY.
ACKNOWLEDGEMENT OF RECEIPT OF CONSUMER INFORMATION STATEMENT (CIS)
FOR SELLERS AND LANDLORDS
"By signing this Consumer Information Statement, I acknowledge that I received this Statement from
(Name of Brokerage Firm) prior to discussing my motivation to sell or lease or my
desired selling or leasing price with one of its representatives."
Seller's or Landlord's Signature_______________________________________________________________________
FOR BUYERS AND TENANTS
"By signing this Consumer Information Statement, I acknowledge that I received this Statement from
(Name of Brokerage Firm) prior to discussing my motivation or financial ability
to buy or lease with one of its representatives."
Buyer's or Tenant's Signature________________________________________________________________________
DECLARATION OF BUSINESS RELATIONSHIP I,
(name of
intend, as of
licensee), as an authorized representative of
this time, to work with you as a:
seller's agent only
buyer's agent only
seller's agent and disclosed dual agent if the opportunity arises
buyer's agent and disclosed dual agent if the opportunity arises
transaction broker
seller's agent on properties on which this firm is acting as the seller's agent
and transaction broker on other properties.
Date______________________

NEW JERSEY ASSOCIATION OF REALTORS STANDARD FORM OF

INFORMED CONSENT TO DUAL AGENCY
(TENANT)
2001, New Jersey Association of REALTORS, Inc.

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This Agreement evidences Tenant's consent that the Brokerage Firm, as Tenant's Agent, may act as a Disclosed Dual Agent in
order to represent both Tenant and Landlord in the same real estate transaction, and seeks Tenant's consent to allow Tenant's
Agent to act as a Disclosed Dual Agent when the opportunity arises. Tenant should be aware that a real estate licensee may
legally act as a Disclosed Dual Agent only with Tenant's and Landlord's informed written consent.
Tenant understands that Disclosed Dual Agency (representing more than one party to a transaction) has the potential of creating
a conflict of interest in that both Landlord and Tenant may intend to rely on the Tenant's Agent's advice, and their respective
interests may be adverse to each other. Therefore, when acting as a Disclosed Dual Agent, Tenant's Agent will not represent the
interests of Tenant to the exclusion or detriment of the interests of a Landlord; nor will Buyer's Agent represent the interests of
Landlord to the exclusion and detriment of the interests of Tenant.
As a Disclosed Dual Agent of both the Landlord and the Tenant, Tenant's Agent will be working equally for both parties to the
real estate transaction, and will provide services to complete the transaction without the full range of fiduciary duties ordinarily
owed by an agent who represents Tenant alone, or the Landlord alone. In the preparation of offers and counteroffers between
Tenant and Landlord, Tenant's Agent will act only as an intermediary to facilitate the transaction rather than as an active
negotiator representing either the Tenant or Landlord in a fiduciary capacity. By consenting to this dual agency, Tenant is giving
up the right to undivided loyalty and will be owed only limited duties of disclosure by the Tenant's Agent.
For example, Tenant acknowledges that Tenant's Agent, as a Disclosed Dual Agent, is not permitted, under law, to disclose to
either Tenant or Landlord any confidential information which has been, or will be communicated to Tenant's Agent by either of
the parties to the transaction. Moreover, Tenant's Agent is not permitted to disclose (without the express written permission of
the Landlord) to the Tenant that such Landlord will accept a price less than the full listing price. Nor will Tenant's Agent
disclose (without the express written permission of the Tenant) to the Landlord that Tenant will pay a sum greater than the price
offered by Tenant. It is also impermissible for Tenant's Agent to advise or counsel either the Tenant or Landlord on how to gain
an advantage at the expense of the other party on the basis of confidential information obtained from or about the other party.
Tenant acknowledges receipt of the Consumer Information Statement on New Jersey Real Estate Relationships.
I,

AS AN AUTHORIZED REPRESENTATIVE OF
(Name of Licensee)

INTEND, AS OF THIS TIME, TO WORK WITH YOU

(Name of Firm)

(TENANT) AS A TENANT'S AGENT AND DISCLOSED DUAL AGENT IF THE OPPORTUNITY ARISES.
If Tenant does not understand all of the provisions of this Informed Consent to Dual Agency, legal advice should be
sought before signing.
By signing below, Tenant acknowledges that Tenant has read and understood this Informed Consent to Dual Agency and gives
consent to Tenant's Agent to act as a Disclosed Dual Agent.

TENANT'S SIGNATURE

BROKERAGE FIRM

TENANT'S SIGNATURE

ADDRESS

CITY, STATE, ZIP CODE

DATE

NJAR Form-127A-9/05

SALESPERSON'S SIGNATURE

NEW JERSEY ASSOCIATION OF REALTORS STANDARD FORM OF

INFORMED CONSENT TO DUAL AGENCY
(LANDLORD)
2001, New Jersey Association of REALTORS, Inc.

1 PROPERTY ADDRESS: , , NJ
2
3
4 This Agreement evidences Landlord's consent that the Brokerage Firm, as Landlord's Agent, may act as a Disclosed Dual Agent
5 in order to represent both Landlord and Tenant in the same real estate transaction, and seeks Landlord's consent to allow
6 Landlord's Agent to act as a Disclosed Dual Agent when the opportunity arises. Landlord should be aware that a real estate
7 licensee may legally act as a Disclosed Dual Agent only with Landlord's and Tenant's informed written consent.
8
9 Landlord understands that Disclosed Dual Agency (representing more than one party to a transaction) has the potential of creating
10 a conflict of interest in that both Landlord and Tenant may intend to rely on the Landlord's Agent's advice, and their respective
11 interests may be adverse to each other. Therefore, when acting as a Disclosed Dual Agent, Landlord's Agent will not represent the
12 interests of Tenant to the exclusion or detriment of the interests of a Landlord; nor will Landlord's Agent represent the interests of
13 Landlord to the exclusion and detriment of the interests of Tenant.
14
15 As a Disclosed Dual Agent of both the Landlord and the Tenant, Landlord's Agent will be working equally for both parties to the
16 real estate transaction and will provide services to complete the transaction without the full range of fiduciary duties ordinarily
17 owed by an agent who represents Landlord alone, or the Tenant alone. In the preparation of offers and counteroffers between
18 Landlord and Tenant, Landlord's Agent will act only as an intermediary to facilitate the transaction rather than as an active
19 negotiator representing either the Landlord or Tenant in a fiduciary capacity. By consenting to this dual agency, Landlord is
20 giving up the right to undivided loyalty and will be owed only limited duties of disclosure by the Landlord's Agent.
21
22 For example, Landlord acknowledges that Landlord's Agent, as a Disclosed Dual Agent, is not permitted, under law, to disclose
23 to either Landlord or Tenant any confidential information which has been, or will be communicated to Landlord's Agent by either
24 of the parties to the transaction. Moreover, Landlord's Agent is not permitted to disclose (without the express written permission
25 of the Landlord) to the Tenant that such Landlord will accept a price less than the full listing price. Nor will Landlord's Agent
26 disclose (without the express written permission of the Tenant) to the Landlord that Tenant will pay a sum greater than the price
27 offered by Tenant. It is also impermissible for Landlord's Agent to advise or counsel either the Landlord or Tenant on how to gain
28 an advantage at the expense of the other party on the basis of confidential information obtained from or about the other party.
29
30 Landlord acknowledges receipt of the Consumer Information Statement on New Jersey Real Estate Relationships.
31
32
I,
AS AN AUTHORIZED REPRESENTATIVE OF
33
(Name of Licensee)
34
INTEND, AS OF THIS TIME, TO WORK WITH YOU
35
(Name of Firm)
36 (LANDLORD) AS A LANDLORD'S AGENT AND DISCLOSED DUAL AGENT IF THE OPPORTUNITY ARISES.
37
38 If Landlord does not understand all of the provisions of this Informed Consent to Dual Agency, legal advice should be
39 sought before signing.
40
41 By signing below, Landlord acknowledges that Landlord has read and understood this Informed Consent to Dual Agency and
42 gives consent to Landlord's Agent to act as a Disclosed Dual Agent.
43
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46 LANDLORD'S SIGNATURE
BROKERAGE FIRM
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49 LANDLORD'S SIGNATURE
ADDRESS
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CITY, STATE, ZIP CODE
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SALESPERSON'S SIGNATURE
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NJAR Form-127B-9/05

AMENDMENT TO RESIDENTIAL LEASE

AMENDMENT DATE:
PROPERTY: , , NJ
LANDLORD(S):
TENANT(S):
DATE OF LEASE:
It is understood and agreed that the following Amendment shall be added to the Residential Lease. Further, if there is any
conflict between the provisions of this Amendment and the Residential Lease, the provisions of this Amendment shall
control.

Attorney Review
1 Study by Attorney: The Tenant or the Landlord may choose to have an attorney study this Contract. If an attorney is consulted,
the attorney must complete his or her review of the Contract within a three-day period. This Contract will be legally binding at
the end of this three-day period unless an attorney for the Tenant or Landlord reviews and disapproves of this Contract.
2. Counting the Time: You count the three days from the date of delivery of the signed Contract to the Tenant and Landlord. You
do not count Saturdays, Sundays, or legal holidays. The Tenant and the Landlord may agree in writing to extend the three-day
period for attorney review.
3. Notice of Disapproval: If an attorney for the Tenant or the Landlord reviews and disapproves of this Contract, the attorney must
notify the REALTOR(S) and the other party named in this Contract within the three-day period. Otherwise, this Contract will be
legally binding as written. The attorney must send notice of disapproval to the REALTOR(S) by certified mail, by telegram or by
delivering it personally. The telegram or certified letter will be effective upon sending. The personal delivery will be effective
upon delivery to the REALTOR(S) Office. The attorney may also, but need not, inform the REALTOR(S) of any suggested
revision(s) in the Contract that would make it satisfactory.

Witness

Date

Tenant

Date

Witness

Date

Tenant

Date

Witness

Date

Landlord

Date

Witness

Date

Landlord

Date

Valor Realty Service

GSAMND

ADDENDUM TO RESIDENTIAL LEASE

ADDENDUM DATE:
PROPERTY:

, , NJ

LANDLORD(S):
TENANT(S):
DATE OF LEASE:
It is understood and agreed that the following Addendum shall be added to the Residential Lease. Further, if there is any
conflict between the provisions of this Addendum and the Residential Lease, the provisions of this Addendum shall
control.

Attorney Review
1 Study by Attorney: The Tenant or the Landlord may choose to have an attorney study this Contract. If an attorney is consulted,
the attorney must complete his or her review of the Contract within a three-day period. This Contract will be legally binding at
the end of this three-day period unless an attorney for the Tenant or Landlord reviews and disapproves of this Contract.
2. Counting the Time: You count the three days from the date of delivery of the signed Contract to the Tenant and Landlord. You
do not count Saturdays, Sundays, or legal holidays. The Tenant and the Landlord may agree in writing to extend the three-day
period for attorney review.
3. Notice of Disapproval: If an attorney for the Tenant or the Landlord reviews and disapproves of this Contract, the attorney must
notify the REALTOR(S) and the other party named in this Contract within the three-day period. Otherwise, this Contract will be
legally binding as written. The attorney must send notice of disapproval to the REALTOR(S) by certified mail, by telegram or by
delivering it personally. The telegram or certified letter will be effective upon sending. The personal delivery will be effective
upon delivery to the REALTOR(S) Office. The attorney may also, but need not, inform the REALTOR(S) of any suggested
revision(s) in the Contract that would make it satisfactory.

Witness

Date

Tenant

Date

Witness

Date

Tenant

Date

Witness

Date

Landlord

Date

Witness

Date

Landlord

Date
GSBLKADNLS