News & Views — Featured Articles
Understanding Landlord-Tenant Laws in NJ: A Comprehensive Guide for New Property Owners
Navigating the complexities of landlord-tenant laws can be daunting for new property owners in New Jersey. As a landlord in New Jersey, it is crucial to understand the rights and responsibilities outlined in the landlord-tenant NJ regulations to ensure a smooth and compliant rental business...
Why a Strong Lease is Important
This legally binding agreement is the foundation of your lease and the governing document of your tenancy. It should describe in detail and specify every aspect of your legal relationship with your tenant. It includes information about security deposits, rent amounts, utilities, and who is...
Soft Landing Outlook Gains Further Credence from GDP, Aiding Real Estate
DCA Reminds Municipalities of July 22, 2024, Deadline to Have Rental Properties Inspected for Lead-Based Paint Hazards
Inspection Documentation can be Submitted Through a New Online Portal Trenton, NJ - The New Jersey Department of Community Affairs (DCA) is reminding municipalities that P.L. 2021, c.182, which requires inspections for lead-based paint hazards to be performed on certain pre-1978 single-family,...
New Jersey Department of Community Affairs (DCA) Service Portal
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Flood Risk Notification
Flood Risk NotificationFlood risks in New Jersey are growing due to the effects of climate change. Coastal and inland areas may experience significant flooding now and in the near future, including in places that were not previously known to flood. For example, by 2050, it is likely that sea-level...
2024 Board of Directors
It is our honor to put forth the 2024 Board of Directors. These members of the POA have shown commitment to the association and our mission. Please join us in welcoming them to the Board. Executive Board President Kevin Taub, Marcus & Millichap Vice President Malik Akbar, Sheffield Electric...
DCA 2022 Rent Control Update
The information in this survey is only as current as the published municipal Codes of Ordinances as of 2022. Consult the Rent Control Board for your town for accurate and up to date information and rates.Rent_Control_Survey.xlsx (live.com)
Case Management Conferences Cease as of September 1, 2023
On July 18, 2023, the Supreme Court issued an Order refining some of the Landlord Tenant reforms that it authorized in 2021. We will highlight the major changes below: 1. Effective September 1, 2023. Mandatory Case Management Conferences will...
ASC 842 Lease Accounting For Tenants and Landlords
ASC 842 Lease Accounting For Tenants and Landlords of WithumThe new lease accounting standards under ASC 842 were effective for private companies with a calendar year-end beginning January 1, 2022. These new standards require companies to record substantially all leases on their balance...