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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1. The Governor shall be empowered, whenever declaring a state of emergency, to
determine whether the emergency will, or is likely to, significantly affect the availability and
pricing of rental housing in the areas included in the declaration. If the Governor determines that
unconscionable rental practices are likely to occur unless the protections afforded under
P.L.2002, c.133 (C.2A:18-61.62 et seq.) are invoked, the Governor may issue a "Notice of Rent
Protection Emergency" at any time during the declared state of emergency.
L.2002,c.133,s.1.

2A:18-61.63 Effect of issuance of "Notice of Rent Protection Emergency."

2. Whenever the Governor declares a state of emergency within certain areas of the
State, and issues a "Notice of Rent Protection Emergency," the following shall apply:

a. Within a zone which includes the area declared to be in a state of emergency and, if
so indicated in the Notice of Rent Protection Emergency extending a distance not to exceed 10
miles in all directions from the outward boundaries thereof, there shall be a presumption of
unreasonableness given to a notice of increase in rental charges provided subsequent to the date
of the declaration by a landlord to a tenant occupying premises which are utilized as a residence,
when the proposed percentage increase in rent is greater than twice the rate of inflation as
indicated by increases in the CPI for the immediately preceding nine-month period. For the
purposes of this section, "CPI" 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 the New York, NY-Northeastern New Jersey region.