45:22A-45.3 Findings, declarations relative to association assessment in planned real estate developments.
81 words·~1 min read·
/nj/title-45/chapter-22a/45-22a-45-3·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
1. The Legislature finds and declares that:
a. Certain associations have interpreted that the provisions of P.L.2017, c.106 (C.45:22A-45.1 et al.), enacted on July 13, 2017, may impose new responsibilities on certain property owners to pay assessments and other charges to their associations; and
b. It is necessary and in the public interest for the Legislature to clarify that P.L.2017, c.106 (C.45:22A-45.1 et al.) did not impose new responsibilities on property owners to pay assessments and other charges.
L.2020, c.100, s.1.