46:8B-25. Eminent domain
115 words·~1 min read·
/nj/title-46/chapter-8b/46-8b-25A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If all or any part of the common elements shall be taken, injured or destroyed by eminent domain, each unit owner shall be entitled to notice of such taking and to participate through the association in the proceedings incident thereto. Any damages shall be for the taking, injury or destruction as a whole and shall be collected by the association and distributed by it among the unit owners in proportion to each unit owner's undivided interest in such common elements, except to the extent that the association deems it necessary or appropriate to apply them to the repair or restoration of any such injury or destruction.
L.1969, c. 257, s. 25, eff. Jan. 7, 1970.