In 1951, the New Jersey State Legislature codified the Summary Dispossess Act, N.J.S.A. 2A:18-53, et. seq., in order to afford the Courts a fast, efficient and fair way of handling Landlord Tenant disputes. In 1974, the vast majority of Landlord Tenant disputes, which involve residential tenants, became guided by the…
Our clients often ask us about the benefits of transferring their rental properties into a Limited Liability Company (L.L.C.). While LLCs and other corporate entities offer some degree of protection from the personal liability, there are a myriad of factors that must be considered in making the decision to transfer…
In a previous article, we discussed the premise that acceptance of rent, following the termination date set forth in a Notice to Quit, would constitute a “waiver” of that Notice, hence requiring the Court to disregard that Notice and dismiss any subsequent eviction action based upon that Notice. To support this…