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NEW MILFORD, N.J. — The New Milford Borough Council ruled that the owners of the Milford Arms apartments violated the municipality's rent control ordinance by charging certain end-of-tenancy payments, northjersey.com reports.
Under the borough's rent control ordinance, landlords are prohibited from raising rents by more than 2% a year not including a tax surcharge. Rent increases may only occur once per calendar year.
However, the property manager at the Madison Avenue apartment complex was reportedly charging tenants were being charged a tax-reimbursement at the end of their lease, which was deducted from their security deposit, the article stated.
The borough council passed a resolution finding this practice to be in violation of the municipal ordinance, according to northjersey.com.
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