A 4444
Concerns exemptions to municipal rent control and rent leveling ordinances.
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- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill addresses exemptions to municipal rent control and rent leveling ordinances in New Jersey. It focuses on clarifying the requirements for claiming an exemption, particularly regarding initial mortgage financing and full compliance with filing requirements. The bill aims to ensure that municipalities retain the authority to regulate rents, limiting exemptions to the base rent increase limitations and not broader administrative or tenant protection measures. It also memorializes the requirement of truthful disclosure as a prerequisite to claiming an exemption.
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Primary sponsors
Sterley Stanley
Cosponsor
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