In NJ is it allowable to place a bank levy on a tenant security account?
Answered on: 10/20/11, 7:30 am by John Corbett
Not if the levy is due to a judgment against the landlord. NJ statutes provide that the rent security deposits are still the tenant's money. The landlord must oppose any turnover of funds from a tenant's account.
See also: http://info.corbettlaw.net/lawguru.htm
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