New Jersey A3466 allows age-restricted community owners to transfer property without age restrictions on buyers.

New Jersey A3466 amends existing law to require associations of age-restricted common interest communities to permit dwelling owners to transfer property to buyers regardless of age. The bill allows for such transfers if the purchaser certifies that the dwelling unit will be occupied by a person who ensures compliance with the federal "housing for older persons" exception from the Fair Housing Amendments Act of 1988. The bill aims to prevent associations from unnecessarily restricting sales while ensuring compliance with federal age-related housing laws.

New Jersey A3466 allows age-restricted community owners to transfer property without age restrictions on buyers.

New Jersey A3466 amends existing law to require associations of age-restricted common interest communities to permit dwelling owners to transfer property to buyers regardless of age. The bill allows for such transfers if the purchaser certifies that the dwelling unit will be occupied by a person who ensures compliance with the federal "housing for older persons" exception from the Fair Housing Amendments Act of 1988. The bill aims to prevent associations from unnecessarily restricting sales while ensuring compliance with federal age-related housing laws.