Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How do you perform an apartment lease transfer in NJ?

0
Posted

How do you perform an apartment lease transfer in NJ?

0

Your lease should have a clause that describes the procedure for subletting, if it is allowed. If it isn’t allowed, your landlord will probably allow it anyway because you will just break your lease and they won’t get any damages because you had a qualified tenant willing to take over. It’s in their best interests to allow it, so most do, even if the lease doesn’t say so. Call the management company or your landlord and ask what needs to be done. Sometimes all that is needed is an assignment. As far as the deposit, the new tenant will make a new deposit to the landlord and you will get your deposit back (unless the assignment says different). This is also assuming your landlord followed the Security Deposit Act in NJ. If they didn’t, update your post to mention this. ___________________ ibu guru: Lease transfers are VERY common in the NJ/NYC metro area. Maybe they don’t exist where you are, but I do several a month. People are transferred to and from this area constantly, and landlords

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123