Annual rent payment Vs monthly

[Mike Dorneman]

I know everyone has an opinion on accepting rent on an annual basis Vs monthly, however I was hoping someone could speak to the legal implications accepting an annual (or 6 month) rental payment. The obvious issue could be if the lease is violated and the need to begin the eviction process comes up. I would think a prorated refund would solve for this. Thanks in advance!

[Johann Jells]

I think this is actually illegal in NJ, you cannot take security of more than 1.5 months rent. If someone doesn't want to worry about paying rent, they should use Cozy. You should be using Cozy anyway!