The following words used herein shall have the definition and meaning set forth herein:
The rent legally enforced as of the effective date of this chapter. "Base rent" shall include the legally enforced rent and any permitted increases as provided for in this chapter. Such increases may include but are not limited to capital improvement increases, Consumer Price Index increases and hardship increases.
A permanent improvement that is reasonably expected to last for five years or more and must be subject to allowances for depreciation under the federal income tax provisions. Capital improvements do not include normal and regular maintenance.
Any use which is primarily for business activity such as retail, wholesale marketing, office, warehouse or any similar nonresidential activity.
For the purposes of this chapter, a "dwelling unit" is defined as an apartment (i.e., the unit must contain a kitchen, a bathroom and living space). Efficiency apartments are included in the definition of a "dwelling unit."
All income resulting directly or indirectly from the operation of a property or building, including but not limited to any rent from an arm's length transaction, the landlord's share of interest on security deposits, all earnings from commissions, vending machines, deductions from security deposits, late fees, pet fees, parking fees, pool fees, key charges, finder's fees, amounts received from successful tax appeals, income from rebates and capital improvement surcharges.
Includes repairs, replacement and maintenance, painting, providing light, heat, hot and cold water, elevator services (where applicable), storm windows and screens, superintendent services (where applicable) and any other benefit, privilege or facility connected with the use or occupancy of any proportionate part of the dwelling or services provided to common facilities of the building in which the dwelling is contained.
Apartment, as already defined herein.
The owner, lessor, sublessor or any other person entitled to receive rent for the use and occupancy of housing space or any agent or successor of any of the foregoing.
All rights, responsibilities, requirements, laws, regulations, rules or ordinances relating to landlords and/or tenants, including but not limited to those contained in Chapter 310 of the New Jersey Public Laws of 1975, and the footnotes thereof, commonly known as the "Truth In Renting Act."
Gross maximized annual income, less reasonable and necessary operating expenses.
Includes written notice to a landlord, tenant or any interested party, which notice is mailed to the residence of said party(ies) by regular mail. The notice sent to the landlord shall be sent to the address currently on file with the Tax Assessor's Office, such address being the same location as where the tax notices are sent.
The Consumer Price Index for the housing component of the Consumer Price Index, being the index figure appearing opposite the word "housing" in the column for the city in the Consumer Price Index for urban wage earners and clerical workers for the region of the United States of which southern New Jersey is a part, published periodically by the Bureau of Labor Statistics, United States Department of Labor, which city is the closest in proximity to the City of Atlantic City.
All actual expenses incurred and paid by the landlord for the residential property during the period reflected in income and computed in accordance with the provisions and limitations of this chapter. Mortgage interest is considered a "reasonable and necessary operating expense."
Includes the consideration, including any bonus, benefit or gratuity demanded or received for or in connection with the use or occupancy of housing space or the transfer of a lease for such housing spaces, including but not limited to monies demanded or paid for parking, heat and utilities, pets, the use of furniture and subletting. In the event that rent is paid upon some interval other than one month, then the monthly rent shall be calculated by apportioning the rent so as to determine the sum for the term of one month.
A tenant, subtenant, lessee, sublessee or any other person entitled under the terms of a housing space agreement to the use and occupancy of any housing space.