On October 16, 2014, the Appellate Division issued a case for publication concerning a tenant’s right to transfer a non-payment eviction matter to the law division. The Appellate Division in Bejoray, Inc. v. Academy House Child Development Center, A-5161-12T3 held that a tenant’s request to transfer an eviction matter, when it asserted claims for negligent misrepresentation and breach of contract for damages and rescission of the lease, should have been granted. This case is very important for commercial landlords in New Jersey as it raises a number of issues that should be addressed prior to proceeding with an eviction action.
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Real Estate
New Jersey State Bar Association Position on Latest Round of Proposed COAH Regulations
As Chair of the Land Use Section of the New Jersey State Bar Association, and with the extensive efforts of the Section’s membership, we have advanced a position which opposes the latest round proposed COAH (Council on Affordable Housing) regulations as unconstitutional and in direct contravention of the New Jersey Supreme Court’s directive.
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Residential Issues to Avoid for Multi-Family and Mixed-Use Properties: Are You Violating Leasing Laws?
There’s a big demand for multi-family and mixed use properties in New Jersey. Savvy owners have an opportunity to provide valuable housing and make a good profit at the same time. However, New Jersey has very strict residential leasing laws. If you violate these laws when leasing and operating properties, you can lose money and suffer civil, as well as possible criminal penalties. The good news is that adept counsel can help you to comply with these residential laws.
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Do You Have The Waiver and Release You Need?
Having the right waiver and release can help you to quickly save money and find peace. If you fail to obtain a required waiver or release, you can suffer from liens, disputes and lawsuits.
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Do You Have The Estoppel Rights You Need?
Property owners, lenders and others are using estoppels to stop problems. Although estoppels only contain a small number of words, they can have big benefits. If you are missing estoppel rights, you can miss opportunities and suffer from lawsuits and disputes.
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What Landlords Need to Succeed
To survive and thrive, landlords need to adapt. If you fail to adapt, you can be hurt. You can suffer lost tenants, lost rents, and missed opportunities. Additionally, you can suffer damages, from vacancies to bankruptcies. The good news is that landlords can adapt and benefit in many ways.
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New Residential Lease Language Required to Collect Attorneys’ Fees
On January 17, 2014, Gov. Christie signed into law Assembly Bill 3851, requiring landlords of residential property to include additional language in new residential leases after February 1, 2014. The new law recognizes an implied covenant of collection of attorneys’ fees and costs for a tenant, if the lease allows the same for the landlord.
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Does Affordable Housing Transform a Project into an Inherently Beneficial Use?
The case of Advance at Branchburg II, LLC V. Township of Branchburg Board of Adjustment, (N.J. Super. Ct. App. Div. 2013) dealt with the issue of whether a residential development could be treated as an inherently beneficial use when only approximately 20% of the development was utilized for affordable housing. The developer was seeking a d (1) use variance for a multi- family residential development consisting of 292 units, of which 59 would be affordable housing units. The developer argued that the inclusion of the affordable housing component rendered the entire development an inherently beneficial use.
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Reduce Real Estate Taxes Now
Would you like to save money? In March, I wrote about 10 Ways Landlords Can Cut Costs and Increase Income Now. A great way to cut costs and add value now is by reducing real estate taxes…
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Completing Deals and Resolving Disputes Now
In business, there is a need for speed, and justice delayed can be justice denied. If you fail to act quickly, you can lose opportunities, such as historically low interest rates, available financing, and rising property values. Delays can also cost you money and damages, from delayed delivery dates to delayed opening dates. As time passes, other bad things can happen, from bankruptcies to vacancies.
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