New Jersey Statutes Annotated Title 55 Chapter 17 — Continuation of Lease on Mortgage Default/Foreclosure
N.J.S.A. 55:17 (~11 sections): protects residential tenants whose landlord defaults on a mortgage or faces foreclosure — the purchaser at foreclosure or assignee of a mortgage must honor existing leases; tenants may remain through the lease term or 60 days if month-to-month. Coordinates with the federal Protecting Tenants at Foreclosure Act. Confirmed ~11 sections in TOC as of 2026-10-06.
Provisions (11)
§ 55:17-1
Continuation of lease or financial arrangement on default or foreclosure of mortgage loan
§ 55:17-10
Liberal construction
§ 55:17-11
Application
§ 55:17-2
Records by holder of mortgage loan
§ 55:17-3
Project and financial records equivalent to person or entity entering into lease or financial arrangement for continuation purposes; administration of project arrangements; summary proceedings
§ 55:17-4
Establishment and maintenance of financial records and data
§ 55:17-5
Nature, identity or status of person with whom lease or financial agreement may be made
§ 55:17-6
Modifying or supplementing mortgage loan; written consent of holder
§ 55:17-7
Notice of default to holder
§ 55:17-8
Remedies to holder of mortgage loan
§ 55:17-9