New Jersey S1507 raises the penalty for landlords violating the Truth-in-Renting Act from $100 to $1,000 and allows tenants to recover attorney's.
New Jersey S1507 amends the Truth-in-Renting Act to increase the penalty for landlords who violate the law from $100 to $1,000 per offense. The act also permits tenants to recover reasonable attorney's fees, court costs, and other related expenses incurred in proving a violation. The Truth-in-Renting Act requires landlords to distribute a guide on tenant rights and responsibilities and prohibits certain practices such as requiring electronic payment and not providing a receipt for cash payments.
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