N.J.S.A. 2A:42-6.1

Grace period for payment of rent

2A:42-6.1. Grace period for payment of rent 1. A person to whom rent is due and payable on the first of the month upon a lease or other agreement shall allow a period of five business days grace in which the rent due shall be paid. No delinquency or other late charge shall be made which includes the grace period of five business days. As used in this section, "business day" means any day other than a Saturday, Sunday or State or federal holiday. L.1976,c.100,s.1; amended 2001, c.142, s.1.

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This is the verbatim text of N.J.S.A. 2A:42-6.1, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.

N.J.S.A. 2A:42-6.1 — Grace period for payment of rent | Kyzer