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  2. Lease - Wikipedia

    en.wikipedia.org/wiki/Lease

    A lease is a contractual arrangement calling for the user (referred to as the lessee) to pay the owner (referred to as the lessor) for the use of an asset. [1] Property, buildings and vehicles are common assets that are leased. Industrial or business equipment are also leased. In essence, a lease agreement is a contract between two parties: the ...

  3. Low-Income Housing Tax Credit - Wikipedia

    en.wikipedia.org/wiki/Low-Income_Housing_Tax_Credit

    t. e. The Low-Income Housing Tax Credit (LIHTC) is a federal program in the United States that awards tax credits to housing developers in exchange for agreeing to reserve a certain fraction of rent-restricted units for lower-income households. [1] The program was created under the Tax Reform Act of 1986 (TRA86) to incentivize the use of ...

  4. Section 8 (housing) - Wikipedia

    en.wikipedia.org/wiki/Section_8_(housing)

    Section 8 of the Housing Act of 1937 ( 42 U.S.C. § 1437f ), commonly known as Section 8, provides rental housing assistance to low-income households in the United States by paying private landlords on behalf of these tenants. Approximately 68% of this assistance benefits seniors, children, and individuals with disabilities. [1]

  5. New real estate rules in New Jersey give buyers and ... - AOL

    www.aol.com/real-estate-rules-jersey-buyers...

    August 1, 2024 at 1:14 PM. The Real Estate Consumer Protection Enhancement Act, which is meant to create a more transparent and buyer-friendly housing market, officially went into effect in New ...

  6. NJ sellers and landlords now required to explicitly disclose ...

    www.aol.com/nj-sellers-landlords-now-required...

    For rental properties. New Jersey landlords are required to provide a notice to prospective renters about whether the property is located in FEMA's Special Flood Hazard Area or Moderate Flood ...

  7. Mount Laurel doctrine - Wikipedia

    en.wikipedia.org/wiki/Mount_Laurel_doctrine

    The Mount Laurel doctrine is a significant judicial doctrine of the New Jersey State Constitution. The doctrine requires that municipalities use their zoning powers in an affirmative manner to provide a realistic opportunity for the production of housing affordable to low- and moderate-income households. The doctrine takes its name from the ...

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