WeVote
Log In

Bill

Bill

S 4130

Concerns inspection information distribution; provides DCA and property management entities with certain responsibility to provide and maintain contact information for owners of residential rental property and planned real estate development associations.

2024-2025 Regular Session Introduced by Raj Mukherji

The bill requires property managers to provide and keep updated owner and association contact info to the DCA so inspection data reaches the right recipients.

Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee
#locgovt #property
0
WeVote Research Nonpartisan
Bill Summary · S 4130

Summary of Bill S 4130 (New Jersey)

Overview

S 4130, introduced February 3, 2025, would require the Department of Community Affairs (DCA) and property management entities to provide and maintain current contact information for owners of residential rental properties and for the executive boards of planned real estate development associations. The goal is to ensure timely distribution of inspection information to property owners and association leadership, helping to identify and address safety issues in residential properties.

Key Definitions

  • Property management entity: A person or entity that provides management services for a planned real estate development association or for a residential rental property, for compensation or expectation thereof.
  • Association: An association of a planned real estate development (HOAs, condominiums, cooperatives).
  • Residential rental property: A rental property that is a “multiple dwelling” as defined in the Hotel and Multiple Dwelling Law.
  • Inspection information: Scheduling details, inspection reports, and other information required to be sent to property owners or association boards under various construction and safety laws, plus information determined necessary by DCA rules.
  • Planned real estate development: As defined in the Planned Real Estate Development Full Disclosure Act.

What the Bill Would Do (Key Provisions)

  • Data submission by property managers: Each property management entity must provide DCA with the contact information of every residential rental property owner and the executive board of every association it serves.
    • Initial deadline: within 15 business days after the bill’s effective date.
    • Updates: changes to contact information must be provided within 15 business days after receiving the updated information.
  • Consequences for noncompliance: If failure to provide/maintain contact information results in an owner or association not receiving inspection information:
    • The property management entity must be responsible for any penalties or fines arising from the inspection.
    • Repeated or negligent failures can be reported to the New Jersey Real Estate Commission, which may revoke the entity’s license.
  • DCA database: The department must establish and maintain a database of owner and association contact information to facilitate the distribution of inspection information.
    • The database must be accessible to enforcing agencies, structural inspectors, and other specified parties as determined by the commissioner.
  • Rules and regulations: The Commissioner of Community Affairs must adopt implementing rules under the Administrative Procedure Act.

Who/What Is Affected

  • Property management entities serving residential rental properties or associations within planned real estate developments.
  • Owners of residential rental properties and executive boards of associations.
  • Enforcing agencies and structural inspectors who require access to inspection information.
  • Regulatory framework established by DCA, including potential licensing implications via the New Jersey Real Estate Commission for noncompliant property managers.

Timelines and Process

  • Effective date: First day of the sixth month after enactment (anticipatory actions allowed).
  • Rulemaking deadline: DCA to adopt implementing rules by the first day of the fifth month after enactment.
  • Data management: Ongoing requirement to report initial contact data and subsequent updates within 15 business days of changes.

Potential Impact

  • Improves transparency and reliability of construction/inspection communications for residential properties and associations.
  • Increases accountability for property managers regarding safeguarding critical inspection information.
  • Creates a formal mechanism (database) to streamline communications among owners, associations, inspectors, and enforcement bodies.

Status and Sponsor

  • Status: Introduced in the Senate; referred to Senate Community and Urban Affairs Committee.
  • Primary sponsor: Kevin S. Parker.

Note: The bill text references pending regulatory language and cross-references to other statutes; final details may evolve with rulemaking.

Compiled from official sources — confirm details with the bill’s official record.

Sign in to ask a question.