Amends rent receivership statute to provide that court shall appoint receiver under certain conditions; establishes mandatory appointment requirement.*

This bill amends New Jersey's rent receivership law to change the court's requirement from mandatory appointment to discretionary. Courts will no longer be required to appoint a receiver when a building meets conditions like persistent dangerous housing code violations (90+ days) or a pattern of violations (four times in 12 months or six times in two years), but may choose to do so instead. It removes language requiring courts to base decisions solely on the plaintiff's evidence, allowing judges to consider all relevant evidence. This change, recommended by the New Jersey Law Revision Commission, aims to provide courts greater flexibility in addressing tenant safety concerns.