Post Closing Use and Occupancy Agreement
(NJ)
Summary
This Post Closing Use and Occupancy Agreement can be used be in a residential purchase and sale transaction in New Jersey when the seller is unable to vacate the property on or before the closing date and the purchaser is willing to take title to the property with the seller still in possession. This template includes practical guidance, drafting notes, and alternate and optional clauses. This template should be tailored to suit each transaction. For further guidance on residential purchase and sale transactions in New Jersey, see Purchase and Sale of Residential Real Property (NJ) and 1 New Jersey Real Estate Forms 2.10 (2022). For a full listing of key content covering purchasing and selling residential real estate, see Purchasing and Selling Residential Real Estate Resource Kit and Residential Condominium Resource Kit. See also Obtaining Residential Financing.