The Simpler & Better Way To Get Back Tenant's Security Deposit
The security deposit laws of New Jersey requires that that the landlord must repay the tenant’s security deposit and the interest accumulated within 30 days after the tenant moves out of the rental premise. The landlord must keep the tenant’s security deposit in either a money market fund in a New Jersey based investment or deposit the funds in an interest bearing bank account. As part of the lease agreement, the landlord must notify the tenant in writing about the bank details and account information or the type of investment the funds are deposited to. The landlord can only withhold part or all of the security deposit to remedy unpaid rent or damages to the rental unit beyond the normal wear and tear. If there are any deductions, the landlord must include them in an itemized list including receipts and proof of costs. The landlord has 15 days to repay the security deposit if a tenant has terminated the lease due to domestic violence. In the event of floods, fire, property condemnation or evacuation, the landlord must repay the security deposit within 5 days.
If the landlord fails to observe the laws and defaults from repaying the security deposit and interests after the end of the statutory 30 days, the tenant can file a case in a New Jersey small claims court. To avoid the lengthy court delays, you should write professional security request letter that reminds the landlord that they have an obligation to follow the law by repaying the owed amount. This HomeTitan’s Security Request Letter is structured to express your desires and give a polite warning to the landlord. In most instances, a simple and clear security deposit request letter is all you need to have your funds repaid. Remember to send this letter by certified mail to ensure you get a mailing receipt and proof of delivery.Contains the Explicit & Clear New Jersey State Law
Use Our Pre-Written Security Request specific for New Jersey state
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New Jersey Letter Specifications
- Works on PC and Mac
- Windows OS compatible
- Mac OS compatible
- No editing necessary
Our letters for New Jersey renters are tailored to your state, with the right laws to get your landlord’s attention. We’ve taken care of the Security Request details so there’s no hassle on your part to find the right law and craft an approrpriate letter. Our letters have been used in New Jersey and all over America with great success.
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Additional Information Concerning Security Request Issues in New Jersey