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Updated over 4 years ago,

User Stats

25
Posts
5
Votes
Max Cordova
  • New to Real Estate
  • New Jersey
5
Votes |
25
Posts

Question: NJ Rental Contract (New Jersey Form-125-4/17)

Max Cordova
  • New to Real Estate
  • New Jersey
Posted

Anyone is familiar with the New Jersey Form-125-4/17?

I'm currently looking at rentals for this year before I start investing. 

This contract seems very lopsided.

The owner of the property is looking to sell the home and the terms of the contract don't seem to line up with what the law states which says I would have up to 60 days after my lease is up to move, not just 60 days after the 'new owner' buys the property. 

This is what is on the contract:

Also, the realtor represents them in the rental/sale of the home. It seems like this might be a conflict of interest.

Looking forward to your comments.