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N.J. DCA Landlord/Tenant Information Series — Condominium, Fee Simple & Cooperative Conversion, and Mobile Home Park Retirment Regulations

Citation
N.J. DCA Landlord/Tenant Information Series — Condominium, Fee Simple & Cooperative Conversion, and Mobile Home Park Retirment Regulations
Jurisdiction
New Jersey (state)
Source
Official source

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(e) The court can grant up to five one-year stays if evidence is not provided to the court of
a reasonable opportunity to examine and rent comparable housing or of the payment of a
hardship relocation compensation of waiver of payment of five months' rent.

Amended by R.1985 d.529, effective October 21, 1985. Amended by R.1990 d.507, effective October 15, 1990.

§ 5:24-1.8 Moving expense compensation

Any tenant whose tenancy began before the conversion, and is not evicted on grounds
other than that of a conversion, and any mobile home owner who is not being evicted on
grounds other than permanent retirement of the mobile home park from the rental market,
shall receive from the landlord a moving expense compensation of a waiver of payment of
one month's rent. No warrant of possession can be given until payment of one month's
waiver has been proved. Even if tenants or mobile home owners leave without eviction
proceedings, they are entitled to the waiver of payment of one month's rent. Nothing in this
section in any way waives the rights of other parties under the security deposit law.

Amended by R.1990 d.507, effective October 15, 1990.

§ 5:24-1.9 Required statement

(a) Any tenants who begin their initial tenancy after the master deed or deed establishing
fee simple lots or deed to a cooperative corporation or association is filed by the owner must
be provided at the time of applying and at the establishment of a rental agreement with a
separate statement conforming exactly to the words in capital letters which follow. The
statement must be included as the first clause of any written lease. This is the statement:

STATEMENT