New Jersey S4361 amends the rent receivership statute to mandate court appointment of a receiver under specific conditions.

New Jersey S4361 amends the rent receivership statute to require the court to appoint a receiver if a building is in violation of housing codes to the extent that it endangers health or safety, or if there is a clear and convincing pattern of recurrent code violations. The court must appoint a receiver if it determines that the conditions warrant it. The bill also clarifies that the court is not restricted to considering only the plaintiff’s evidence when determining whether to appoint a receiver.

New Jersey S4361 amends the rent receivership statute to mandate court appointment of a receiver under specific conditions.

New Jersey S4361 amends the rent receivership statute to require the court to appoint a receiver if a building is in violation of housing codes to the extent that it endangers health or safety, or if there is a clear and convincing pattern of recurrent code violations. The court must appoint a receiver if it determines that the conditions warrant it. The bill also clarifies that the court is not restricted to considering only the plaintiff’s evidence when determining whether to appoint a receiver.