The "Safeguarding Livable Units through Municipal Landlord Oversight and Regulation by DCA" or "SLUMLORD Act"; strengthens habitability protections for residential tenants; appropriates $5 million.

This bill, known as the SLUMLORD Act, aims to strengthen habitability protections for residential tenants in New Jersey by increasing oversight of landlords. It defines 'habitability' to include conditions that ensure living spaces are safe, healthy, and fit for human use, while also establishing who qualifies as a 'beneficial owner' of a rental business. The legislation requires landlords to designate a 'principal agent' to handle tenant complaints and mandates that rental units comply with state construction and safety codes. To support these enforcement efforts, the bill appropriates $5 million for the Department of Community Affairs.