New Jersey A2627 prohibits landlords from imposing surcharges exceeding $5 per monthly rent payment for online rent payment methods.
New Jersey A2627 aims to protect tenants from excessive surcharges on online rent payments. The bill prohibits landlords from imposing, passing through, or accepting surcharges over $5 per monthly rental payment for online rent payment methods. If a third-party online payment method requires a surcharge exceeding $5, the landlord must either assume the full cost or reimburse the tenant within 10 days. The bill also mandates that landlords provide a receipt with an attestation affirming compliance with these provisions.
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