[Amended 12-6-2022 by Ord. No. 2022-010; 12-2-2025 by Ord. No. 2025-006]
The owner of any residential rental structure or unit or his agent, as defined herein who intends(s) to rent or lease all or any part of thereof as a residential unit shall make application to the Code Enforcement Officer for the issuance of a rental certificate of occupancy on such form and provide such information as may be required by the Code Enforcement Officer. The application shall be filed with the Code Enforcement Officer not later than 10 days after the date on which the owner of any residential rental unit shall execute the lease or enter into a binding agreement to least the rental until.
The number of residential rental certificates of occupancy for any residential rental structure or unit shall not exceed four per calendar year.
The application shall include proof that property taxes, assessments against the property, municipal water and sewer charges, and any other municipal charges or assessment pursuant to N.J.S.A. 40:52-1.2 are current. A statement that the applicant acknowledges the maximum permitted occupancy of the structure or unit and understands the restrictions set forth in N.J.S.A. 40:48-2.12, et seq. and Article II herein.
The owner of a business, or one or more rental units, must maintain liability insurance for negligent acts and omissions in an amount of no less than $500,000 for combined property damage and bodily injury to or death of one or more persons in any one accident or occurrence. Owner-occupied two-family, three-family, or four-family homes are subject to a lower $300,000 coverage minimum which becomes effective for insurance policies issued on or after February 1, 2023. Owners are required to annually register the certificate of insurance in the municipality where the business or rental unit is located.