Property Management
A NJ landlord who receives a tenant's request to terminate the lease early for a reason NOT covered by the NJ lease termination statutes (not domestic violence, military, etc.) should:
AAutomatically grant the early termination
BNegotiate a mutual agreement (early termination agreement) that addresses the landlord's reasonable costs of finding a replacement tenant✓ Correct
CImmediately evict the tenant
DReport the request to the NJREC
Explanation
When a tenant requests early termination for personal reasons not covered by statutory rights, the landlord and tenant may negotiate a mutual early termination agreement, often involving payment of a termination fee or rent through re-letting to mitigate the landlord's loss.
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