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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Full Text

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"Index" means the annual average over a 12-month period beginning September 1 and ending
August 31 of the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W),
All Items Series A, of the United States Department of Labor (1957-1959 = 100), for either the
New York, NY-Northeastern New Jersey or the Philadelphia, PA-New Jersey region, according
as either shall have been determined by the commissioner to be applicable in the locality of a
property undergoing conversion.

"Protected tenancy period" means, except as otherwise provided in section 11 of this act, all
that time following the conversion recording for a building or structure during which a qualified
tenant in that building or structure continues to be a qualified tenant and continues to occupy a
welling unit therein as his principal residence.

"Qualified county" means:
 a. Any county with a population in excess of 500,000 and a population density in excess of
8,500 per square mile, according to the most recent federal decennial census; or

b. Any county wherein there exists a county rental housing shortage.

"Qualified tenant" means a tenant who is a resident in a qualified county and:

(1) Applied for protected tenancy status on or before the date of registration of conversion by
the department, or within one year of the effective date of this act, whichever is later;

(2) Has occupied the premises as his principal residence for at least 12 consecutive months
next preceding the date of application; and