8 New Jersey Transaction Guide § 142.51

Summary

• [1] Truth-in-Renting Act.

  The Truth-in-Renting Act [N.J.S. 46:8-43 et seq.] applies to all residential tenancies with a term of at least one month. Premises containing no more than two rental units, or no more than three units if the landlord occupies one of the rental units, are exempt [N.J.S. 46:8-44(a)]. The purpose of the Act is to present tenants with a current statement of established rights and responsibilities of residential tenants and landlords in New Jersey [see N.J.S. 46:8-45, 46:8-46]. Failure to comply with the Act can subject the landlord to a fine of $100 for each offense [N.J.S. 46:8-47].

  The New Jersey Department of Community Affairs prepares the statement setting forth the clearly established rights and responsibilities of tenants and landlords, and makes it available to the public at no cost (to the extent that funding has been made available to the Department for free distribution). The statement is printed in both English and Spanish. It is posted on the Department’s...