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Updated over 8 years ago on . Most recent reply

Michael D.'s profile image
Michael D.'s profile image
Michael D.
  • from East Hanover, New Jersey
  • Member since Feb 7, 2013
Connect

User Stats

29
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7
Votes
Michael D.'s profile image
Michael D.'s profile image
Michael D.
  • from East Hanover, New Jersey
  • Member since Feb 7, 2013
Connect
Michael D.
  • East Hanover, NJ
7
Votes |
29
Posts
General Landlording & Rental Properties

Breaking NJ Lease for Owner Occupied

Michael D.
  • East Hanover, NJ
Posted

Is anyone familiar with the NJ laws surrounding breaking a tenants lease at the time of purchase on a multi family for owner-occupied purposes? I understand that FHA loans require you to move in within sixty days, but what would a buyer do if all tenants had leases greater than that time period?

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