New Jersey legislation · 2026-2027 Regular Session
New Jersey A3121: Real estate transaction-req notification of rent leveling controls, at closing
Status: Introduced, October 29, 2026
Requires notification of rent leveling controls at time of closing of real estate transaction.
What the bill says
An Act concerning rent control notification in real estate transactions and supplementing P.L.1960, c.39 (C.56:8-1 et seq.).
From the amended text, October 29, 2026:
An Act concerning rent control notification in real estate transactions and supplementing P.L.1960, c.39 (C.56:8-1 et seq.). Be It Enacted by the Senate and General Assembly of the State of New Jersey: 1. a. In any real estate transaction involving the purchase of residential property in this State, the seller1[, the real estate broker, the broker-salesperson or salesperson representing the seller,]1 or the attorney of the seller shall provide, as part of the information listed in a property condition disclosure statement, notice to the buyer of any rent control or rent leveling ordinance in the municipality where the residential property is located that may affect the property should the buyer seek to rent out the property. (1) The notice shall read as follows: Buyers are advised to consult local municipal ordinances and regulations regarding rent control or rent leveling that may affect the property. (2) The notice shall be memorialized in hard copy sent by return receipt or electronically, receipt of which shall be acknowledged by the buyer. b. The 1[New Jersey Real Estate Commission] [ADDED: Division of Consumer Affairs in the Department of Law and Public Safety] 1 shall determine the form and manner in which the notice required pursuant to this section is to appear on the property condition disclosure statement. 2. This act shall take effect immediately.
Sponsors
- Lisa Swain (D, 38) · primary sponsor
- Chris Tully (D, 38) · primary sponsor
Latest actions
- : AA 2RA (Quijano) (Voice)
- : REP 2RA
- : INT 1RA REF ACO
Votes
- Assembly Consumer Affairs Committee: Reported favorably (October 5, 2026): 6 yea, 0 nay, passed
Subjects: HOUSING - LANDLORD AND TENANT
Common questions
- What is A3121?
- A3121 is a bill in the New Jersey Legislature (2026-2027 Regular Session): Real estate transaction-req notification of rent leveling controls, at closing.
- What does A3121 do?
- In its own words: An Act concerning rent control notification in real estate transactions and supplementing P.L.1960, c.39 (C.56:8-1 et seq.).
- What is the status of A3121?
- Introduced as of October 29, 2026. Latest action: AA 2RA (Quijano) (Voice) (October 29, 2026).
- Who sponsored A3121?
- Lisa Swain (D, 38), with 1 co-sponsor.
- Where is the official record for A3121?
- On the New Jersey Legislature website: https://www.njleg.state.nj.us/bill-search/2026/A3121
Source: official New Jersey record. Tracked by Delilah, AI for legislation across all 50 states and Congress.