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Rent Control Office
973-292-6709
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Morristown Rent Control
Capital Improvement Surcharge |
A capital improvement is the addition of new systems or major improvements that did not exist prior to the work, or work required pursuant to the State Uniform Safety Act. The landlord must apply to the Division of Rent Leveling before beginning any work that requests a capital improvement surcharge.
The tenant may request a hearing within fifteen (15) days of the Division Manager’s preliminary application receipt. Once the Rent Leveling Manager approves the preliminary application, the landlord may go on to complete the capital improvement. Either a tenant or a landlord may appeal the Manager’s preliminary approval decision to the Rent Leveling Board.
Substantial compliance certification and zoning compliance certification must be obtained by the landlord no more than sixty (60) days before filing of the capital improvement application, and must be filed with the application.
After completion of the capital improvement, the landlord must submit final approval documentation to the Division of Rent Leveling, prior to surcharge indication on yearly form given to tenant.
- No individual capital improvement surcharge can exceed 10% of the base rent
- The sum of all capital improvement surcharges cannot exceed 15% of the base rent
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Town Of Morristown, 200 South Street, CN 914, Morristown, NJ 07963-0914
© Town of Morristown, New Jersey
If you have any suggestions or problems with the web site, please email l-leach@townofmorristown.org. |
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