Prohibits class action waivers in residential rental agreements for claims arising from rent control law violations.
Prohibits class action waivers in residential rental agreements for claims arising from violations of rent control laws. Any such waiver is void and unenforceable. The inclusion of such a waiver in a rental agreement is considered evidence of a violation of the New Jersey consumer fraud act. Tenants subjected to such a waiver are entitled to remedies including a declaratory judgment, an injunction, actual damages, and reasonable attorney’s fees. Landlords found in violation are liable to a penalty of $1,000 per affected dwelling unit.
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