Skip to main content

N.J. DCA Landlord/Tenant Information Series — Condominium and Cooperative Conversion Law

Citation
N.J. DCA Landlord/Tenant Information Series — Condominium and Cooperative Conversion Law
Jurisdiction
New Jersey (state)
Source
Official source

Related Parts of This Source

Full Text

1,697 chars
2A:18-61.9. Notice to tenant after master deed or agreement to establish cooperative

Any owner who establishes with a person an initial tenancy after the master deed or
agreement establishing the cooperative was recorded shall provide to such person at the time of
applying for tenancy and at the time of establishing any rental agreement a separate written
statement as follows:

"STATEMENT

THIS BUILDING (PARK) IS BEING CONVERTED TO OR IS A CONDOMINIUM OR
COOPERATIVE (OR FEE SIMPLE OWNERSHIP OF THE SEVERAL DWELLING UNITS
OR PARK SITES). YOUR TENANCY CAN BE TERMINATED UPON 60 DAYS' NOTICE
IF YOUR APARTMENT (PARK SITE) IS SOLD TO A BUYER WHO SEEKS TO
PERSONALLY OCCUPY IT. IF YOU MOVE OUT AS A RESULT OF RECEIVING SUCH A
NOTICE, AND THE LANDLORD ARBITRARILY FAILS TO COMPLETE THE SALE, THE
LANDLORD SHALL BE LIABLE FOR TREBLE DAMAGES AND COURT COSTS."

The parenthesized words shall be omitted or substituted for preceding words where
appropriate. Such statement shall also be reproduced as the first clause in any written lease
provided to such person.
L.1975, c. 311, s. 6, eff. Feb. 19, 1976. Amended by L.1981, c. 8, s. 5, eff. Jan. 26, 1981.

2A:18-61.10. Removal of tenant to allow conversion to cooperative or condominium;
moving expense compensation

Any tenant receiving notice under section 3 g. of P.L.1974, c. 49 who is not evicted for any
cause under this act other than under section 3 g. shall receive from the owner moving expense
compensation of waiver of payment of 1 month's rent.
L.1975, c. 311, s. 7, eff. Feb. 19, 1976.
 2A:18-61.11. Comparable housing; offer of rental; stay of eviction; alternative
compensation; senior citizens and disabled protected tenancy period