NJAR Form 125 at a glance
What it is: The New Jersey Association of Realtors standard form of residential lease is a legally binding lease that will become final within three business days.
Who signs: The Landlord signs and dates under Landlord, and the WITNESS line is filled in. Under Tenant, fill in the Tenant and the Date.
A filled-in NJAR Form 125 example: a landlord fills in the lease parties and term

How to fill out NJAR Form 125, box by box
Landlord and tenant

On the BETWEEN LANDLORD line, fill in the Landlord; after whose address is, fill in the address.
On the AND TENANT line, fill in the Tenant; after whose address is, fill in the address.
The word Landlord as used in this Lease means all of the landlords listed on the lease. The word Tenant as used in this Lease means all of the tenants listed on the lease.
Term of the lease

The Term of this Lease is for the number of (months) (years) you fill in, starting on and ending on what you fill in. If the Landlord is unable to give possession of the Property to the Tenant on the first day of the Term, the Landlord shall not have any liability to the Tenant.
If the Landlord fails to give possession of the Property within 30 days of the start date set forth under Term of the lease, then the Tenant may terminate this Lease by giving notice to Landlord.
Rent
Initial deposit
Security deposit

Fill in the sum the Tenant shall pay as the Security Deposit; it cannot exceed one and one-half months rent.
Within 30 days of the termination of this Lease, the Landlord shall return the Security Deposit plus the undistributed interest to the Tenant, less any charges expended by the Landlord for damages to the Property resulting from the Tenant's occupancy.
Late payment penalty

If the Tenant does not pay the rent by the day of the month you fill in, the Tenant shall pay a late charge you fill in until the rent is received by Landlord.
In the event any rent check is returned unpaid due to insufficient funds, the Tenant agrees to pay the Landlord a processing charge you fill in.
Utilities
General Trash Disposal and Other
Renewal of lease

Not less than the number of days you fill in before the expiration of the Term of this Lease, the Landlord shall notify the Tenant of the proposed terms for the renewal Lease.
Within the number of days you fill in after the Tenant receives the Landlord's renewal notice, Tenant shall notify Landlord whether Tenant accepts or rejects the proposed renewal Lease.
If the Tenant does not notify the Landlord of Tenant's acceptance, then the Landlord's proposal shall be considered to have been rejected.
Broker's commission

The Broker's Commission is earned, due and payable upon signing of a fully executed Lease Agreement and satisfaction of the Attorney Review Period set forth in Section 33 of this Lease.
Mark one: the Commission shall be paid by the Landlord in accord with previously executed Listing Agreement, or Tenant and shall be payable as follows, which is what you fill in.
More rules for NJAR Form 125
If an attorney is consulted, the attorney must complete his or her review of the Lease within a three-day period.
This Lease will be legally binding at the end of this three-day period unless an attorney for the Tenant or the Landlord reviews or disapproves of the Lease.
You do not count Saturdays, Sundays or legal holidays.
Sources
[1] NJAR Form 125, Standard Form of Residential Lease (the served file; no issuer file found) (the Official source link on this page).





