Bill

Bill > S3276


NJ S3276

NJ S3276
Limits amount of residential rental property application fee.


summary

Introduced
05/16/2024
In Committee
05/16/2024
Crossed Over
Passed
Dead
01/12/2026

Introduced Session

2024-2025 Regular Session

Bill Summary

This bill would establish a limit on an application fee a residential landlord may require. The bill imposes a limit equal to the lower of five percent of the monthly rent or $75. The bill also establishes a penalties for a landlord's violation of the bill of $1,500, plus costs and attorney's fees, enforceable in an action brought by the Commissioner of Community Affairs or Attorney General and in a separate cause of action brought by and at the discretion of the applicant for the landlord's residential property, who may recover, in addition to the $250 penalty, reasonable attorney's fees or expenses. This bill would take effect on the first day of the fourth month next following enactment.

AI Summary

This bill establishes a limit on the application fee a residential landlord may require, setting it at the lower of five percent of the monthly rent or $75. The bill also imposes penalties for a landlord's violation, including a $1,500 fine plus costs and attorney's fees, enforceable by the Commissioner of Community Affairs or Attorney General, as well as a separate cause of action by the applicant, who may recover a $250 penalty and reasonable attorney's fees or expenses. The bill would take effect four months after enactment.

Committee Categories

Housing and Urban Affairs

Sponsors (1)

Last Action

Combined with S3659 (SCS) (on 09/30/2024)

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