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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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b. In the case of a municipality subject to the provisions of this act that has a rent control ordinance in effect, a rent
increase for a qualified tenant with a protected tenancy status, or for any tenant to whom notice of termination pursuant
to subsection g. of section 3 of P.L.1974, c.49 (C.2A:18-61.2) has been given, shall not exceed the increase
authorized by the ordinance for rent-controlled units. Increased costs that are solely the result of a conversion,
including but not limited to any increase in financing or carrying costs, and do not add services or amenities not
previously provided shall not be used as a basis for an increase in a fair-return or hardship hearing before a municipal
rent board or on any appeal from such determination.
L.1991,c.509, s.13.

2A:18-61.53. Public offering statement; requisites

In the case of a building or structure located in a qualified county, the public offering statement for a conversion as
required by “The Planned Real Estate Development Full Disclosure Act," P.L.1977, c.419 (C.45:22A-21 et seq.), shall
clearly inform the prospective purchaser of the provisions of this act regarding the protection of qualified tenants and
tenants in need of comparable housing. Any contract or agreement for sale of a converted unit shall contain a clause

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in 10-point bold type or larger that the contract is subject to the terms of this act concerning such tenant protection and
an acknowledgement that the purchaser has been informed of these terms.
L.1991,c.509,s.14.

2A:18-61.54. Municipal fees

A municipality located in a qualified county is authorized to charge an owner a fee which may vary according to the
size of the building to cover the cost of providing the services required by this act.
L.1991,c509, s.15.