The Chase Manhattan Bank, a National Association, Plaintiff-Respondent v. Mr. and Mrs. Seymour Josephson, Sherri…

Summary

The New Jersey Supreme Court held that the 1986 amendment to the Anti‑Eviction Act (N.J.S.A. 2A:18‑61.3b) applies to foreclosing mortgagees, thereby superseding the Court's prior decision in Guttenberg and protecting tenants from eviction by mortgagees; the decision was applied prospectively. The Court's holding was contested by a dissent arguing the amendment did not intend to overrule Guttenberg.