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N.J. DCA Landlord/Tenant Information Series — Eviction Law

Citation
N.J. DCA Landlord/Tenant Information Series — Eviction Law
Jurisdiction
New Jersey (state)
Source
Official source

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e. An owner shall not be liable for damages pursuant to this section or section 6 of this 1986 amendatory and
supplementary act or subject to a more restrictive local ordinance adopted pursuant to section 8 of this 1986
amendatory and supplementary act if:
(1) Title to the premises was transferred to that owner by means of a foreclosure sale, execution sale
or bankruptcy sale; and
(2) Prior to the foreclosure sale, execution sale or bankruptcy sale, the former tenant vacated the
premises after receiving eviction notice from the former owner pursuant to subsection g.(1) or h. of
section 2 of P.L. 1974, c. 49 (C. 2A:18-61.1); and
(3) The former owner retains no financial interest, direct or indirect, in the premises. The term "former
owner" shall include, but not be limited to, any officer or board member of a corporation which was
the former owner and any holder of more than 5% equity interest in any incorporated or
unincorporated business entity that was the former owner; and

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 (4) The former tenant is provided notice and rights in accordance with the provisions of section 6 of
this 1986 amendatory and supplementary act.
L. 1975, c. 311, s. 3, eff. Feb. 19, 1976. Amended by L. 1986, c. 138, s. 5, eff. Oct. 29, 1986.

2A:18-61.7. Definitions