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
Original Source
https://www.nj.gov/dca/codes/publications/pdf_lti/condo_laws.pdf ↗

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The Legislature further finds that it is in the public interest of the State to avoid the forced
eviction and the displacement of the handicapped wherever possible because of their limited
mobility and the limited number of housing units which are suitable for their needs.
 The Legislature further declares that in the service of this public interest it is appropriate that
qualified senior citizen tenants and disabled tenants be accorded a period of protected tenancy,
during which they shall be entitled to the fair enjoyment of the dwelling unit within the
converted residential structure, to continue for such time, up to 40 years, as the conditions and
circumstances which make necessary such protected tenancy shall continue.

The Legislature further finds that the promotion of this public interest is possible only if
senior citizen tenants and disabled tenants are protected during this period from alterations in the
terms of the tenancy or rent increases which are the result solely of an owner's decision to
convert.
L.1981, c. 226, s. 2, eff. July 27, 1981.

2A:18-61.24. Definitions

As used in this amendatory and supplementary act: