"New Jersey Rent-to-Own Rights Protection Act"; protects tenant-buyers in residential rent-to-own agreements.

This bill establishes clear standards for rent-to-own agreements in New Jersey, directly protecting tenant-buyers who pay rent with the option to purchase a home later. It requires written agreements disclosing all key terms (total price, lease duration, option fees, rent credits), mandates property inspections before signing, and ensures landlords provide full financial disclosures. The bill prohibits unfair practices like non-refundable fees without cause, requires 30 days to cure defaults, and prevents landlords from waiving tenant rights. It also ensures tenant-buyers' interests remain protected if the property is sold to a third party or if insurance/eminent domain payments are involved.