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Section 46:8-49.1 - Landlord prohibited from requiring electronic payments from tenants.

NJ Rev Stat § 46:8-49.1 (2019) (N/A)
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46:8-49.1 Landlord prohibited from requiring electronic payments from tenants.

2. No landlord shall require a tenant or prospective tenant to remit any amount due to the landlord pursuant to a residential lease, renewal, or extension agreement by means of electronic funds transfer, including but not limited to an electronic funds transfer system that automatically transfers funds on a regular, periodic, and recurring basis. A landlord who violates this section shall be subject to the penalty provisions of section 5 of P.L.1975, c.310 (C.46:8-47).

L.2019, c.300, s.2.

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