Nj Landlord Tenant Law Security Deposit Forfeit
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How to fill out New Jersey Letter From Landlord To Tenant Returning Security Deposit Less Deductions?
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FAQ
How to Sue for the Return of a Security Deposit up to $5,000. This kit has all of the forms and instructions for self-represented litigants to file for the return of their rental security deposit. To see the return of more than $5,000, you must file a Special Civil case. Note: You must be 18 to file a court case.
Within 30 days after the termination of a tenant's lease the landlord must return the tenant's security deposit plus the tenant's portion of interest, less any allowable fees, by personal delivery, certified or registered mail.
An introductory paragraph, explaining that by law you're required to return the security deposit minus any legitimate charges. A sentence that the letter contains a financial statement of deductions from the security deposit. The amount of each deduction and an explanation of why each is being deducted.
The letter should state whether the deposit is being returned in full, partially returned, or not returned at all. It should also explain the reason for any deductions. For example, if the landlord deducts money for damages, they should specify what those damages are.
RETURN OF SECURITY DEPOSIT If the landlord fails to return the tenant's security deposit within 30 days, then the tenant is entitled to sue the landlord for the return of the security deposit.