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New Jersey Laws for Rent Increases: When to Do it and How Much

Property Management Inc.

As a property owner in New Jersey, understanding rent control laws and the regulations surrounding rent increases is important. New Jersey rent control regulations vary by municipality, and failing to adhere to these local rent control laws can lead to disputes with tenants or even legal penalties.

Rent 40
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Understanding the difference between a condo and a multifamily residence

MRI Software

The key difference is that a multifamily residence is fully owned by one person or entity, while condos involve individual ownership of separate units. Properties with up to four units are classified as residential, while those with five or more units are considered commercial, which impacts financing and tax regulations.

Finance 52
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Who Needs a Property Management Company?

American Apartment Owners Association

They can be hired to perform specific rental services or they can take on all of the landlords duties for the property. Investopedia notes that Owners pay property managers a fee or a percentage of the rent generated by the property. Every state has its own laws regulating the activities of property managers.

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Who Needs a Property Management Company?

American Apartment Owners Association

They can be hired to perform specific rental services or they can take on all of the landlords duties for the property. Investopedia notes that Owners pay property managers a fee or a percentage of the rent generated by the property. Every state has its own laws regulating the activities of property managers.