New Jersey's Forbidding the Algorithmic Inflation of Rent (FAIR) Act prohibits rental property owners from using software or services that coordinate.
The Forbidding the Algorithmic Inflation of Rent (FAIR) Act in New Jersey prohibits rental property owners from using software or services that coordinate rental prices, aiming to prevent anti-competitive practices. This includes prohibiting rental property owners from subscribing to, contracting with, or otherwise exchanging any form of consideration for the use of services of a coordinator. A coordinator is defined as any software, data analytics service, or entity that performs a coordinating function for any rental property owner.
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