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Updated almost 6 years ago,

User Stats

59
Posts
11
Votes
Adam F.
  • Rental Property Investor
  • New Jersey
11
Votes |
59
Posts

Best way to protect myself against a lease break in NJ

Adam F.
  • Rental Property Investor
  • New Jersey
Posted

I'm wondering the best way to protect myself against a tenant breaking a lease early in NJ. It is hard to fill a vacancy in the off-season.

Either I can add an Early Termination Fee to the lease, or add nothing and just rely on the law which I believe requires the tenant to pay the remainder of the term until the unit is re-rented. However, I've read that usually requires suing the tenant which I want to avoid. 

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