Requires association of age-restricted common interest community to permit dwelling owner to transfer property without regard to age of buyer.

This bill requires age-restricted community associations in New Jersey to permit property owners to sell or transfer their homes to any buyer, regardless of the buyer's age, as long as the new owner certifies the unit will be occupied by someone meeting the community's federal age requirement (e.g., 55+ or 62+). It directly affects homeowners in these communities, the community associations managing them, and potential buyers. The key provision amends certification rules to ensure associations cannot block sales based on buyer age alone, while adding enforcement: the Commissioner of Community Affairs can penalize associations that restrict sales or buyers who fail to maintain compliance. Penalties apply if associations deny transfers or if buyers allow non-compliant occupants. The bill aims to streamline sales while preserving federal "housing for older persons" compliance.