New Jersey Real Estate Practice Exam Free Practice Question
According to the New Jersey Truth in Renting Act, on or before the commencement date of the lease, all non-exempt landlords of New Jersey rental dwellings MUST provide to new tenants which of the following documents?
Correct Answer: C
Rationale: Under the New Jersey Truth in Renting Act, landlords must provide new tenants with a current statement of their rights and responsibilities, ensuring tenants are informed of their legal protections and obligations. This promotes transparency and fairness in rental agreements.
Option A is incorrect; the New Jersey Public Offering Statement pertains to new condominium developments, not general rental agreements. Option B is misleading, as while utility fees are important, they do not fall under the mandatory documentation required by the Act. Option D is also incorrect; while notice to quit is relevant, it is not a required document for new tenants at the lease's commencement.
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