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N.J. DCA Landlord/Tenant Information Series — Rent Receivership Law

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

Full Text

1,609 chars
2A:42-93. Order permitting performance of work in lieu of judgment; security; failure to
exercise due diligence; hearing; judgment; appointment of administrator; powers

a. If, after a trial, the court shall determine that the facts alleged in the petition have been
affirmatively established by the petitioner, that no defense thereto specified in this act has
been affirmatively established by the owner or a mortgagee or lienor of record, and that
the facts alleged in the petition warrant the granting of the relief sought, and if the owner
or any mortgagee or lienor of record or parties in interest in the property, shall apply to
the court to be permitted to remove or remedy the conditions specified in such petition
and shall (1) demonstrate the ability promptly to undertake the work required; and (2)
post security for the performance thereof within the time, and in the amount and manner
deemed necessary by the court, then the court, in lieu of rendering judgment as provided
in this act, may issue an order permitting such person to perform the work within a time
fixed by the court.

b. If, after the issuance of an order pursuant to subdivision a. of this section, but before the
time fixed in such order for the completion of the work prescribed therein, it shall appear to the

petitioner that the person permitted to do the same is not proceeding with due diligence, the
petitioners may apply to the court on notice to those persons who have appeared in the
proceeding for a hearing to determine whether judgment should be rendered immediately as
provided in subdivision c. of this section.