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

Related Parts of This Source

Full Text

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2. A tenant shall be determined to be conditionally eligible only if he or she has established
to the reasonable satisfaction of the administrative agency or officer, that he or she meets
all requirements established by the Act as of the date of application, except the one-year
residency requirement or the 62-year age requirement, or both; provided, however, that
the one-year residency requirement shall not apply to a tenant who is occupying the unit as
his or her principal residence under a lease with a term of more than one year.

i. A conditionally eligible tenant shall automatically become eligible if the conversion
recording, as defined in the Act, occurs after the tenant's first anniversary of establishing a
principal residence in the building, if applicable, or 62nd birthday, whichever is later.

ii. If the conversion recording precedes either such first anniversary, in the case of a tenant
not having a lease with a term of more than one year, or such 62nd birthday, the tenant
shall automatically become ineligible.
iii. In the event that a tenant is determined to be conditionally eligible the determination
notice sent to the tenant and to the owner shall indicate the date after which the tenant will
be eligible if the conversion recording has not been made.

3. Any tenant not determined to be either eligible or conditionally eligible shall be
determined to be ineligible.

(c) Both the owner and the tenant shall have the right to review any documentation upon
which a determination by the administrative agency or officer was based within five days of
receipt by the owner or tenant, as the case may be, of notice of the determination.