September 3, 2026
Previously, New Jersey condominium association Boards and homeowners’ associations Boards have received relief from the reporting requirements imposed under the federal Corporate Transparency Act (“CTA”). The Department of Treasury’s Financial Crimes Enforcement Network (“FinCEN”) has removed the requirement for U.S. companies and people to report beneficial ownership information under the CTA. As a result, community housing associations, including condominium associations and homeowners’ association, are no longer required to submit beneficial ownership information reports that detail board members and/or other individuals who may have “substantial control” over the association.
August 26, 2026
The New Jersey Department of Community Affairs (“DCA”) has published its Model Lead Disclosure Statement under P.L. 2025, c. 144. Starting November 15, 2026, covered landlords must give a “Lead In Drinking Water Disclosure” to prospective and current tenants before signing a new lease or renewal. DCA’s model statement is the form landlords may use to provide the required Lead In Drinking Water Disclosure.
July 23, 2026
The Forbidding the Algorithmic Inflation of Rent (FAIR) Act, passed as Assembly Bill 3497 and Senate Bill 451, has recently been signed by Governor Mikie Sherill on July 20, 2026, and is scheduled to take effect on July 1, 2027.
July 23, 2026
On September 12, 2024, New Jersey approved S.2188/A.1970 (2024), now codified at N.J.S.A. §§ 58:12A-12.10 through -12.13 and N.J.S.A. §§ 26:1A-139 through -142. This new law is aimed at preventing and controlling Legionnaires’ disease by increasing oversight of certain public community water systems and certain buildings with water systems that may create increased risk.
March 31, 2026
New Jersey Assembly Bill No. 4899 is scheduled to take effect on May 1, 2026. Once effective, it will limit certain fees charged in connection with residential rental applications. Under the new law, a landlord or its agent may not require an application fee, or other similar fee to apply for a lease or sublease of residential rental property for dwelling purposes, in an amount exceeding $50.00. The law also provides for annual adjustments to that fee cap based on changes in the Consumer Price Index (“CPI”), with the updated amount to be published each year by the Director of the Division of Consumer Affairs (the “DCA”).
January 30, 2026
Governor Murphy recently signed Assembly Bill No. 4899 into law, introducing new limits on residential rental application fees and establishes penalties for landlords who fail to comply. This law takes effect on May 1, 2026, and it is essential that all landlords in the state review their application fee practices to ensure compliance.
Main Office
9 Entin Road
STE 303
Parsippany, NJ 07054
Phone: 973-366-1188
Fax: 973-446-8690
East Brunswick Office
197 Route 18 South
Suite 3000, South Wing
East Brunswick, NJ 08816
Phone: 732-514-6601
Fax: 973-446-8690
Mount Laurel Office
309 Fellowship Road
East Gate Center, Suite 200
Mount Laurel, NJ 08054
Phone: 856-533-2379
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11 Broadway
Suite 615
New
York, NY 10004
Phone: 212-374-9790
Fax: 973-446-8690