Troy Ltd. v. Renna, 727 F.2d 287 (1984)

Citation: Troy Ltd. v. Renna, 727 F.2d 287 (1984)
Parent Document: Troy Ltd. v. Renna, 727 F.2d 287 (1984)
Jurisdiction: United States (federal)
Effective Date: 1984-01-30
Original Source: https://www.courtlistener.com/opinion/8929297/troy-ltd-v-renna/ ↗

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In addition to the Anti-Eviction Act, several New Jersey statutes governed the conversion of real property to the condominium form of ownership. The New Jersey Condominium Act, 1969 N.J.Laws ch. 257 (codified at NJ.Stat.Ann. §§ 46:8B-1 to 30 (West Supp.1983)), provided for conversion of real property to the condominium form by the filing of a master deed meeting certain statutory requirements. N.J.Stat. Ann. § 46:8B-8 (West Supp.1983). When such a master deed is filed, each unit becomes a separate interest in real property. NJ.Stat.Ann. § 46:8B-4 (West Supp.1983). New Jersey also authorized the sale by condominium developers of units created by the filing of a master deed. See The Planned Real Estate Development Full Disclosure Act, 1977 N.J.Laws ch. 419 (codified at NJ.Stat.Ann. §§ 45:22A-21 to 42 (West Supp.1983)). The Disclosure Act required that a public offering statement be filed with the New Jersey Department of Community Affairs. NJ.Stat.Ann. § 45:22A-28 (West Supp.1983). The Act also authorized the Community Affairs Department to investigate a developer’s application, and to register that application upon finding that the developer is likely to comply with the terms of the public offering statement. NJ.Stat.Ann. §§ 45:22A-29-30 (West Supp.1983). The developer’s right to offer units for sale to the public was qualified, however, by a provision of the Anti-Eviction Act requiring that tenants must be afforded notice of their option to purchase the units they occupy. N.J.Stat.Ann. § 2AJ8-61.8 (West Supp.1983). B. The Tenancy Act

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