Kiritsis & Associates

 

A word on New Jersey gross leases.

Jul 8, 2021

Kiritsis Law Offices. Call: 212 922 0005

Written By: John Kiritsis, Esq., CPA, MBA, MS, JD, LL.M

 

A gross lease is monolithic in nature, but it can be construed to resemble net leases. No federal statutes resolve property leasing disputes. A party that fails to properly plan to approach a commercial lease will waste much time reviewing and negotiate the lease later on.

 

Construing leases is often a matter of law. A jury will rarely resort to the parole evidence rule.  New Jersey commercial leases may address any fixture removal rights by tenants.

Depending on the situation, it may be the case, that commercial and residential landlords, may be subject-able in reporting rent roll receipt figures, in some way, shape and/or form.  Whether or not a New Jersey real property owner is subject to that requirement, could extenuate other issues, as it pertains to the points raised by this legal-guide article's title.

 

The practical restraints brought on to the operations of the New Jersey Judiciary System by the Coronavirus-related shutdowns, may have made much of this brief analysis, an incomplete and/or incorrect generalized explanation, of what is an already heavily technical and complicated topical area, within the study of jurisprudence.

 

To better assist in a quest of further analyzing this type of question(s) as revolving per this legal guide article, it may be useful to make additional inquiries, such as: Is it legal or practical to allow tenants to sublease? Are the premises that include rent or occupancy use complaint with recent building code regulations? Should the lease contain specific clauses regarding issues with security deposits?

 

Our firm can help you draft, review, negotiate, and execute any type of New Jersey real property lease agreement. We are open seven days a week from 8 a.m. to 8 p.m. We offer prospective clients both exhaustive and comprehensive leasing law practice services, including the following:

 

Residential lease contract agreements of New Jersey.

Non-rent regulated residential lease agreements.

Rent regulated residential lease contract agreements of New Jersey.

Rent regulated stabilized residential lease agreements.

Rent control regulated residential lease contract agreements of New Jersey.

Commercial lease agreements.

Office space lease contract agreements of New Jersey.

Industrial occupancy lease agreements.

Warehouse commercial use lease contract agreements of New Jersey.

Warehouse storage lease agreements.

Office space use lease contract agreements of New Jersey.

Medical space use lease agreements. Kiritsis & Associates (212)–922–005.    

Bank/financial institution use lease contract agreements of New Jersey.

Spa and physical therapy related use lease agreements. 

Gym and other recreational related use lease contract agreements of New Jersey.

Professional service lease agreements, including: Accounting, Insurance, Medicine, Law, Architecture, etc.

Jewelry and related use lease contract agreements of New Jersey.

Safety deposit/vault use lease agreements. 

Chemical and pest control related use lease contract agreements of New Jersey.

Cinema and theater productions related use lease agreements. 

Roommate use lease contract agreements of New Jersey.

Co-habitation lease agreements. 

Shared office space use lease contract agreements of New Jersey.

Gross lease agreements. Kiritsis & Associates (212)–922–005.   

Netted lease contract agreements of New Jersey.

Single net lease agreements. 

Double net lease contract agreements of New Jersey. 

Triple net lease agreements. 

Commercial leases with time extension option provisions of New Jersey.

Real property lease agreements. 

Addendum and side deal real property lease contract agreements of New Jersey.

Lease agreements modifications.

Existing lease assumption lease contract agreements of New Jersey.

Cancellation of real property lease agreements. 

Cancellation of residential lease contract agreements of New Jersey.

Cancellation of commercial lease agreements. 

Barbershop and beautician related lease contract agreements of New Jersey. Kiritsis & Associates (212)–922–005. 

Gas station and related use lease agreements. 

Restaurant and related use lease contract agreements of New Jersey.

Food establishment and related use lease agreements. 

Deli and bodega related use lease contract agreements of New Jersey.

Liquor store and other related use lease agreements. 

Bar and tavern related use lease contract agreements of New Jersey.

Parking space and garage related use lease agreements. 

Religious institution and related use lease contract agreements of New Jersey.

Church and related use lease agreements. 

Morgue and related use lease contract agreements of New Jersey.

Synagogue and related use lease agreements. 

Buddhist temple and related use lease contract agreements of New Jersey. Kiritsis & Associates (212)–922–005. 

Hinduism temple and related use lease agreements. 

Oil drilling related use lease contract agreements of New Jersey.

Laboratory and medical testing related use lease agreements. 

Riparian and water rights related use lease contract agreements of New Jersey.

Buffet-style restaurant use lease agreements. 

Dining hall use lease contract agreements of New Jersey.

Landlord-focused and customized lease agreements. 

Tenant-focused and customized lease contract agreements of New Jersey.

Construction project centered lease agreements. 

Condo lease contract agreements of New Jersey.

Co-op lease agreements. 

Condo co-op lease contract agreements of New Jersey. Kiritsis & Associates (212)–922–005. 

Condo-type building premises lease agreements. 

Co-op-type building premises lease contract agreements of New Jersey.

Condo co-op building premises lease agreements. 

Single family dwelling lease contract agreements of New Jersey.

Two family dwelling lease agreements. 

Three family dwelling lease contract agreements of New Jersey.

4-plex property lease agreements. 

Multi-family property lease contract agreements of New Jersey.

Mixed-use property lease agreements. 

Commercial use building premises lease contract agreements of New Jersey.

Industrial use property lease agreements. 

Locker room/storage type lease contract agreements of New Jersey. Kiritsis & Associates (212)–922–005. 

Postal office box related use lease agreements. 

Laundromat and other related use lease contract agreements of New Jersey.

Carwash and other related use lease agreements. 

Florist, botanical, and horticulture use lease contract agreements of New Jersey.

Hair saloon and related use lease agreements. 

Municipal related use lease contract agreements of New Jersey.

Governmental entity organization related use lease agreements. 

Hostel and other related use lease contract agreements of New Jersey.

Adults-only recreational use lease agreements, including: Strip clubs, Marijuana dispensaries, etc.

Master lease contract agreements of New Jersey.

Co-op propriety lease agreements. 

Hypothecating, equity-utilization, leveraging lease contract agreements of New Jersey. Kiritsis & Associates (212)–922–005. 

Drafting lease agreements.

Negotiating lease contract agreements of New Jersey.

Lease agreement and document review services.

 

We offer prospective clients services throughout the state of New Jersey, including the following counties:

 

Atlantic

Bergen

Burlington

Cape May

Cumberland

Essex

Gloucester

Hudson

Hunterdon

Mercer

Middlesex

Monmouth

Morris

Ocean

Passaic

Salem

Somerset

Sussex

 

You can call use today for a FREE initial consultation with a licensed New Jersey real estate attorney at (212) – 922 – 0005.

 

We offer a number of fee payment options, including: Flat, Hourly Rate, Mixed-type (various payment plans combined).

 

We accept all standard methods of payment, including: Cash, Personal Check, Business Check, Cashier Check, Bank Check, Money Order, Debit Card, most Credit Cards.

 

We also sell template-type products, including legal guide pamphlet-style booklets.

For more information on any of the above services and products, or any type of legally related service product, contact us at any of our New York and New Jersey branch affiliates.

 

Potential relevant citations and informational references:

 

U.S. Constitution

New Jersey State Constitution

New Jersey Eviction Statutes Act

New Jersey Law Journal

New Jersey Institute of Continuing Legal Education

New Jersey Revised Uniform Limited Liability Company Law

New Jersey Lawyer Magazine

New Jersey Department of the Treasury 

New Jersey Secretary of State

New Jersey Judiciary -- Superior Court

U.S. Department of Housing and Urban Development 

 

Berzito v. Gambino, 63 N.J. 460 (1973)

Garden State Plaza Corporation v. S.S. Kresge Co., 78 N.J. Super. 485

N.J.S.A. 25: 1-12

Hous. Auth. & Urban Redevelopment Agency of City of Atl. City v. Taylor, 171 N.J. 580 (2002)

N.J. Indus. Properties v. T.C. & V.L., Inc., 100 N.J. 432 (19850

McBride v. Port Auth. of N.Y. and N.J., 295 N.J. Super 521, 685 A.2d 320 (App. Div. 1996)

Milacci v. Mato Realty Co., 217 N.J. Super 297, 525 A.2d 1120 (App. Div. 1987)

Ahlstrom v. TMC Properties, LLC, 2010 WL 3834505 (App. Div. 2010)

Berg Agency v. Sleepworld–Willingboro, Inc., 136 N.J. Super 369 (App. Div. 1975)

Perlman v. Lee, 2014 WL 4916999 (App. Div. 2014)

Jimenez v. Powell, 2018 WL 944418 (App. Div. 2018)

 

Law Offices of Kiritsis & Associates
Phone: 212 922 0005

Manhattan Office (Main Office):
633 Third Avenue
New York, NY 10017
Suite 1306

Brooklyn Office (By Appointment Only):
1023 74th Street
Brooklyn, NY 11228
1st Floor

New Jersey Office:
7309 Ventnor Avenue
Ventnor, NJ 08406
2nd Floor 

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