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 ↗

Related Parts of This Source

Full Text

1,755 chars 
d. Any protection afforded to a person under the "Senior Citizens and Disabled Protected
Tenancy Act," P.L.1981, c.226 (C.2A:18-61.22 et al.) shall remain in full force and effect. If the
administrative agency determines that a tenant is no longer qualified for protected tenancy under
that act, the administrative agency shall proceed to determine the eligibility of that tenant under
the "Tenant Protection Act of 1992," P.L.1991, c.509 (C.2A:18-61.40 et al.), or, in any case in
which the administrative agency is not the same as the agency administering the "Tenant
Protection Act of 1992" in the municipality, shall refer the case to the appropriate administrative
agency for such determination. If the tenant is found by such determination to be eligible, his
protected tenancy status shall be continued. The protected tenancy status of the tenant shall
remain in full force pending such determination.
L.1991,c.509,s.11.

2A:18-61.51. Tenancy protection terminated by tenant purchase

12. In the event that a qualified tenant purchases the dwelling unit he occupies, the protected
tenancy status afforded under the provisions of this act shall terminate immediately upon
purchase.
L.1991,c.509,s.12.

2A:18-61.52. Costs of conversion no basis for rent increases

13. a. In the case of a municipality subject to the provisions of this act that does not have a rent
control ordinance in effect, no evidence of increased costs that are solely the result of the
conversion, including but not limited to any increase in financing or carrying costs, and do not
add services or amenities not previously provided shall be used as a basis to establish the
reasonableness of a rent increase under subsection f. of section 2 of P.L.1974, c.49 (C.2A:18-
61.1).