NJSA 2A:18-61.53 Public Offering Statements, Requisites

NJSA 2A:18-61.53 Public Offering Statements, Requisites

2A:18-61.55. Tenant waivers, unenforceable

14. 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 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 
15. 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,c.509,s.15. 

2A:18-61.55. Tenant waivers, unenforceable 
16. Any agreement whereby the tenant waives any rights under this act shall be deemed to be against public policy and unenforceable. 

L.1991,c.509,s.16.