The following model lease describes a contract between “owner” Kyle Bennet and “tenant” Henry Cho. He agrees to rent a condo in Newark for $US 900.00 per month starting June 27, 2017. The tenant undertakes to pay all ancillary costs and services of the premises. Lease agreements in New Jersey are written for a homeowner`s use of residential or commercial real estate to allow commercial land use for monthly payment. All documents must be prepared in accordance with Title 46 and, with the agreement of all parties, the form becomes legally binding until the end of its duration. Truth in Lending Act Guide – Is provided by the New Jersey Department for Consumer Affairs to inform landlords and tenants of their rights. Must be attached to the rental agreement. Truth in the Rental Act (§ 46: 8-45) – The landlord must provide this statement to all tenants except those located in dwelling houses of two (2) units or less and three (3) or less if the landlord lives in a unit within 30 days of signing the rental agreement. Some states may impose a stricter entry fee on a homeowner, while others may allow homeowners to enter without adequately informing. If you become familiar with the specific laws of New Jersey, you can create a full and complete lease and protect your legal and financial rights. Regardless of your state, federal law requires that all state leases contain certain information.