Renting room out of a house - are contracts legal (NJ)?

August Hubbard: I live in New Jersey and used to be a loan officer, so I've had a lot of experience looking at housing contracts that people have used as a source of income to get a loan. In the state of New Jersey, any type of rental contract is not allowed to be for longer than 365 days. The contract should be renewed on a yearly basis, and re-signed, if renting for longer than a year. If your friend signed to a one-year contract, the landlord can (and should) hold her to it. If the contract didn't state specific dates, it wouldn't hold up in court. You, as the sublettee, are off the hook completely, if you want to be. Good luck!...Show more

Mark Villifana: England/Wales offering you nevertheless stay interior the valuables, and don't grant unique rights to a definite section on your housemate, then it is not certainly subletting - they're in basic terms a lodger. maximum landlords does no longer have a difficulty with this because of fact the lodger has min! imum tenancy rights and the greater earnings you have, the greater useful his danger of having paid hire! in spite of the undeniable fact that, it would be suited to maintain your landlord reported - if he thinks you're getting in the back of his back he won't be prepared to renew your tenancy whilst the time comes....Show more