Restricts occupancy of dwelling unit in age-restricted community to older adults following resale.

This bill (S 1843) requires that when a dwelling unit in an age-restricted community in New Jersey is resold (including through foreclosure, bankruptcy, or tax sale), the new occupant must be an older adult to maintain the community's "housing for older persons" status under federal law. It mandates that buyers certify this before resale and provides a one-page form for certification. The bill directly affects owners, buyers, and communities that operate under age restrictions, ensuring compliance with the Fair Housing Amendments Act of 1988. It clarifies that "resale" includes all transfers beyond the initial developer sale, preventing the unit from being occupied by non-older adults even if sold for affordable housing purposes.