New Jersey tenant lease bonds.
From $100.
A tenant lease bond guarantees your rent and lease covenants to your landlord, often in place of a large cash security deposit. It is a private, contractual arrangement, not a government license. Your landlord sets the amount, and the bond is priced from $100.
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How much does a New Jersey tenant lease bond cost?
2% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Apply to delivered bond.
Lease guarantee bonds run through a quick review rather than instant issue. Here is the whole thing:
Apply online
Your details, the landlord, and the bond amount your lease requires — plus a one-time consent to a soft credit pull. That is the application.
Reviewed & approved
An underwriter reviews the lease and amount. The soft credit pull informs approval, never the price, and never affects your score.
E-sign & deliver to your landlord
Pay online and receive the executed bond ready to deliver to your landlord. Wet-ink originals mailed on request.
What it is and who needs it.
What the tenant lease bond actually covers
A tenant lease bond — also called a lease guarantee bond — is a private contractual guarantee between you (the tenant), a surety carrier, and your landlord. It assures the landlord that your lease obligations will be met, and lets a tenant satisfy a landlord without locking up a large cash security deposit.
It is a three-party arrangement: you (the principal), the surety carrier, and the landlord (the obligee). If you breach the lease — unpaid rent or damage beyond ordinary wear — the landlord can claim against the bond up to the penal sum, and if the surety pays, you repay the surety. It is not insurance for you.
This is not a New Jersey government requirement. Unlike a license bond, the amount and terms are set by your landlord and lease, not by statute — though it operates alongside New Jersey’s rent-security framework (N.J.S.A. 46:8-19 et seq.). Confirm the amount your landlord wants and your price — from $100 — is set from that amount and a soft credit pull that never affects your score.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The term is set on the carrier’s application; the premium covers the period shown there.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
E-sign & deliver to your landlord. Pay online and receive the executed bond ready to deliver to your landlord. Wet-ink originals mailed on request.
What sets the price
The premium is 2% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
One soft credit pull, never a hard inquiry, and it never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, then a quick review.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and the bond is typically issued within 1–2 business days.
Start the application →Common questions.
Other New Jersey bonds.
The same bond in nearby states.
Price and requirements checked on the carrier’s application, . Page updated .
Tenant lease bond, without locking up cash.
From $100. Enter the amount your landlord requires and deliver it within 1–2 business days.