June 8, 2022

Here's What You Need to Know this Week


Top Story of the Week

New Lead Paint Rules Go Into Effect on July 22

Beginning July 22, lead paint inspection and remediation will be required for residential rental properties upon tenant turnover or by July 24, 2024, if there is no tenant turnover. Inspection requirements may vary depending on the community, click here.

Properties Subject to the New Lead Paint Law

Remediation Requirements

If lead is found during an inspection, properties will need remediation to make them lead-safe or lead-free. In some cases, an additional inspection may be required.

This new law is not currently tied to time-of-sale requirements.



Being a Member Has its Perks

Rebranded Office Depot Discounts Program

Have no fear, Office Depot is still here to help you save on everything you need for your business through NJ Realtors® Member Perks program. Re-enroll or register for the newly branded program, ODP Business Solutions, to save up to 75% on products.


Tip of the Week

Support Pride Month on social media with free photo templates available through Photofy. Click here to get started

State of the State

Potential First-Time Homebuyer Tax Credit

Last week, A-2246, which would create a tax credit for first-time homebuyers, passed out of the Assembly Housing Committee. NJ Realtors® has previously testified in support of this legislation. Its next stop is the Assembly Appropriations Committee.

Pride Month Resources

NJ Realtors® Staff Picks of the Week

We're watching Morbius and Bling Empire; drinking Broad Street Seltzers and Spellbound Brewing Cherry Tripel; cooking with zucchini, and going to Yankee games.