§ 217-10. Leases.
   The maximum and ceiling rents provided herein contemplate the existence of valid and binding annual leases. Nothing herein contained shall be construed to forbid an owner from establishing a schedule to apply only as to leases which are made for terms of less than one year. No owner, without just cause, may refuse the bona fide offer of a tenant to enter into or renew an annual lease at the maximum or ceiling rent, nor shall any owner be required to enter into any lease or rental agreement for a term less than one year or to provide the aforesaid options. In the event that the Rent Control Board shall determine that an owner shall have willfully, and without just cause, refused to offer a one-year lease while offering to rent to the same tenant on the terms hereinabove described in this section, the same shall constitute a violation of this chapter, and the Rent Control Board shall certify the same to the office of the Attorney General of New Jersey. Any tenant with an annual lease or a lease for a greater term who holds over after the term expires and who has refused an offer of a new annual lease shall not be subject to the maximum or ceiling rents for the holdover period.