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Updated over 3 years ago,
Question Regarding Wording in NJ Lease
Hey - I am curious if the below wording in legal for the state of New Jersey for a multi-family rental property lease agreement. If not, what revisions would you propose? The last sentence does not sit well with me and I am curious as to the legality. Would it make sense to add a sentence which indicates that the tenant is legally responsible for loss, injury, damage up to the amount's of Tenant's liability insurance and secondly the Landlord's insurance?
"Landlord shall not be liable for any damage or injury of or to the Tenant, Tenant's family, guests, invitees, agents or employees or to any person entering the premises or the building of which the Premises are a part or to goods or equipment, or in the structure or equipment of the structure of which the Premises are a part, and Tenant hereby agrees to indemnify, defend and hold Landlord harmless from any and all claims or assertions of any nature."