Vacancy decontrol shall apply only to rental
units that become vacant after the effective date of Ordinance No.
88-25.
Annual rent increases for qualified senior citizens
and disabled persons shall not exceed 3 1/2%.
With respect to any landlord not subject to
(partial/limited) vacancy decontrol, when an apartment is vacated
by a senior citizen or disabled tenant who has been the recipient
of reduced rent increase percentages pursuant to this chapter, the
landlord shall be entitled to establish the maximum rent for a new
tenant by going back as far as necessary (but not further back than
July 1988) in the rent history of the apartment and recomputing the
rents as if the senior citizen or disabled tenant had never received
reduced rent increase percentages. The landlord shall receive prior
confirmation by the Board administrator of the correctness of the
calculations before charging the reconstructed rent.
The administrator of the Rent Leveling Board
shall serve as the administrative agent for the Borough of Fort Lee
to administer the Senior Citizens and Disabled Protected Tenancy Act.
The landlord/sponsor of each rental unit converted
to a condominium or cooperative after the effective date of the Senior
Citizens and Disabled Tenancy Act shall provide sufficient postage and forms for certified
mailings and pay fees in accordance with the schedule listed herein.
A. Initial filing fee, building or project.
(1) Less than 50 units: $125.
(2) Less than 150 units: $225.
(3) Less than 250 units: $325.
(4) Two hundred fifty units or more: $425.
B. Application processing fee, initial and/or continued
eligibility: $35 per application.