New Jersey Statutes 25:1-12. Writing requirements, leases
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Terms Used In New Jersey Statutes 25:1-12
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
3. Writing Requirements, Leases. A transaction intended to create a lease of real estate for more than three years shall not be enforceable unless:
a. the leased premises, the term of the lease and the identity of the lessor and the lessee are established in a writing signed by or on behalf of the party against whom enforcement is sought; or
b. the real estate, the term of the lease and the identity of the lessor and the lessee are proved by clear and convincing evidence.
Source: R.S.25:1-1, 25:1-5(d).
L.1995,c.360,s.3.