The Consumer Fraud Act, N.J.S.A. 56:8-1, et seq. (CFA), is frequently pled in real estate disputes. This article explores the CFA’s application to parties’ involved in those transactions.
The CFA’s Application To Real Estate Transactions Generally: Before 1976, the legislature declined to include real estate within the confines of the CFA. See Arroyo v. Arnold-Baker & Associates, Inc ., 206 N.J.Super. 294 (Law Div. 1985). In 1976, the legislature amended Section 2 of the CFA to expressly include real estate transactions. In the realm of residential purchases, the CFA’s application to real estate transactions is of crucial importance, because for most people, a home purchase is the greatest single purchase of their lifetime. Gennari v. Weichert Co. Realtors , 148 N.J. 582, 607 (1997).
