Kiritsis & Associates

 

Overview of Single Net commercial leases in New Jersey.

Jul 8, 2021

Kiritsis Law Offices. Phone: (212) – 922 – 0005.
Written By: John Kiritsis, Esq., CPA, MBA, MS, JD, LL.M

 

A single net commercial lease is a contract where the tenant pays rent and the landlord’s property tort obligations. A single net lease does not meet the requirements of a gross lease. However, a single net lease differs from a double net lease and a triple net lease. Leases may be written, oral, or implied. Unlike with residential leases, case laws are more pronounced with commercial leases. This legal guide assumes the parties involved are NOT dealing in any “roomer”-type agreements, including seasonal and temporary occupancies. New Jersey black letter law construes leases on contract law doctrines.

 

Depending on the individual county and/or municipality rules, as well as, the premises' use type and applicable zoning-code type of regulations, a real property lease agreement, may be legally required to file some kind of a public-recordation type of document, with the recorder-office.

 

The COVID-19 pandemic has significantly impacted the laws revolving New Jersey leases, in many ways. Trying to account for all COVID-19 legal changes within this subtropical practice area will not only be an unrealistically ambitious venture but likely futile.

 

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: Should special zoning classification uses or restrictions be included in New Jersey real property leases, accounting for such uses by the tenant(s)?  Has the lease been reviewed and revised to account for any recent relevant changes in New Jersey law?Do any rent regulation laws apply to the lease?

 

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. through 8 p.m. We offer prospective clients both exhaustive and comprehensive leasing law practice services, including the following:
 

Residential lease contracts.

Non-rent regulated residential lease agreements of New Jersey.

Commercial lease contracts.

Office space lease agreements of New Jersey.

Industrial occupancy lease contracts.

Warehouse commercial use lease agreements of New Jersey.

Warehouse storage lease contracts.

Office space use lease agreements of New Jersey.

Medical space use lease contracts. 

Bank/financial institution use lease agreements of New Jersey. Call our law offices at (212)–922–0005

Spa and physical therapy related use lease contracts. 

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

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

Jewelry and related use lease agreements of New Jersey.

Safety deposit/vault use lease contracts. 

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

Cinema and theater productions related use lease contracts. 

Gross lease agreements of New Jersey.

Netted lease contracts. Call our law offices at (212)–922–0005 

Single net lease agreements of New Jersey.

Double net lease contracts. 

Triple net lease agreements of New Jersey.

Commercial leases with time extension option provisions.

Real property lease agreements of New Jersey.

Addendum and side deal real property lease contracts. 

Lease agreements modifications of New Jersey.

Existing lease assumption lease contracts. 

Cancellation of real property lease agreements of New Jersey.

Cancellation of residential lease contracts. Call our law offices at (212)–922–0005 

Cancellation of commercial lease agreements of New Jersey.

Barbershop and beautician related lease contracts. 

Gas station and related use lease agreements of New Jersey.

Restaurant and related use lease contracts. 

Food establishment and related use lease agreements of New Jersey. 

Deli and bodega related use lease contracts. 

Liquor store and other related use lease agreements of New Jersey.

Bar and tavern related use lease contracts. 

Parking space and garage related use lease agreements of New Jersey.

Religious institution and related use lease contracts. Call our law offices at (212)–922–0005 

Church and related use lease agreements of New Jersey.

Morgue and related use lease contracts. 

Synagogue and related use lease agreements of New Jersey.

Buddhist temple and related use lease contracts. 

Hinduism temple and related use lease agreements of New Jersey.

Non-profit and related use lease contracts. 

501 (c) 3 organization and related use lease agreements of New Jersey.

Lease sales back terms lease contracts. 

Lease agreement contracts with option to purchase clause of New Jersey.

Development site lease contracts. Call our law offices at (212)–922–0005 

Tax favored lease agreements of New Jersey.

Farming related lease contracts. 

Agriculture and related use lease agreements of New Jersey.

Livestock related use lease contracts. 

Poultry related use lease agreements of New Jersey.

Timber related use lease contracts. 

Mineral rights related use lease agreements of New Jersey.

Oil drilling related use lease contracts. 

Laboratory and medical testing related use lease contracts of New Jersey.

Riparian and water rights related use lease contracts. Call our law offices at (212)–922–0005 

Buffet-style restaurant use lease agreements of New Jersey.

Dining hall use lease contracts.  

Landlord-focused and customized lease agreements of New Jersey.

Tenant-focused and customized lease contracts.

Construction project centered lease agreements of New Jersey.

Condo lease contracts. 

Co-op lease agreements of New Jersey.

Condo co-op lease contracts. 

Condo-type building premises lease agreements of New Jersey.

Co-op-type building premises lease contracts. Call our law offices at (212)–922–0005 

Condo co-op building premises lease agreements of New Jersey.

4-plex property lease contracts. 

Multi-family property lease agreements of New Jersey.

Mixed-use property lease contracts. 

Commercial use building premises lease agreements of New Jersey.

Industrial use property lease contracts. 

Locker room/storage type lease agreements of New Jersey.

Postal office box related use lease contracts. 

Laundromat and other related use lease agreements of New Jersey.

Carwash and other related use lease contracts. Call our law offices at (212)–922–0005 

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

Hair saloon and related use lease contracts. 

Municipal related use lease agreements of New Jersey.

Governmental entity organization related use lease contracts. 

Hostel and other related use lease agreements of New Jersey.

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

Master lease agreements of New Jersey.

Co-op propriety lease contracts. 

Hypothecating, equity-utilization, leveraging lease agreements of New Jersey.

Drafting lease contracts. Call our law offices at (212)–922–0005

Negotiating lease agreements of New Jersey.

Lease contract and document review services.

 

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

 

Atlantic

Bergen

Burlington

Camden

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

Truth in Lending Act

New Jersey Attorney General's Office

Sailor and Soldiers Civil Relief Act

New Jersey Department of Community Affairs

New Jersey Revised Uniform Limited Liability Company Law

New Jersey Lawyer Magazine

New Jersey Department of the Treasury 

New Jersey Secretary of Stat

 

Reste Realty Corp. v. Cooper, 53 N.J. 444 (1969)

Onderdonk v. Presbyterian Homes of NJ, 85 N.J. 171 (1961)

Fargo Realty, Inc. v. Harris, 173 N.J. Super 262

Fonnerjian v. Moskowitz, 237 N.J. Super 395 (App. Div. 1989)

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

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

Clearview Farms, LLC v. Fannon, 145 A.D.3d 1556 (N.Y. App. Div. 2016)

172 Van Duler Realty Corp. v. Globe Alumni Student Assistance Ass’n, Inc. 24 N.Y.3d 528 (N.Y. Ct. App. 2014)

Islip U-Slip, LLC v. Jack’s of Route 23, Inc., 166 N.J. Super 36 (App. Div. 1979)

Ultimate Computer Services, Inc. c. Baltimore Realty Co., Inc., 183 N.J. Super 144 (App. Div. 1982)

J.H. v. R&M Tegliareni, 2018 WL 1526736 (App. Div., March 29, 2018).

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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