Q: May I rent my condo for a fixed, non-renewable term of 1 year in New Jersey? If yes, what must be in the term clause?
I have heard that NJ law mandates leases to be always automatically renewed upon expiration and that if you want to sell your property, you must go thru the eviction process if the tenant refuses to move out. Is this true? I'm afraid to lease because I feel a landlord has no control but the tenant does in NJ.
A: You heard correctly. NJ landlord-tenant law very much favors a tenant. Research the Eviction for Good Cause Act. I would consult with an attorney to learn the pros and cons of renting, especially if you are looking to sell the property down the road.
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