A.
The owner of any dwelling unit or commercial units, other than those exempted below, shall be subject to the provisions of this article.
B.
The following are exempt from the provisions of this article:
(1)
Units in owner-occupied buildings, where there are four units or less, and one of these units is owner-occupied.
(2)
Units in newly constructed buildings, which are being rented for the first time. After the first rental, such units will be subject to the provisions of this article.
(3)
Units where the owner is participating in an affordable housing project approved by the Borough of Woodlynne.
(4)
Units in a building whose owner has transmitted his first sixty-day notice of his intentions to convert the building into a condominium or cooperative and his full plan of conversion to the Borough Clerk pursuant to N.J.S.A. 2A:18-61.8.
(5)
Any unoccupied property that is under agreement of sale. This exemption shall be limited to the first three months after a property becomes unoccupied. Thereafter all provisions of this article are applicable, and all time requirements are considered to be extended by said three-month period.
(6)
Any unoccupied property that is listed for sale by realtor or by the owner. This exemption shall be limited to the first three months after a property becomes unoccupied. Thereafter all provisions of this article are applicable, and all time requirements are considered to be extended by said three-month period.