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Code · New Jersey · Title 55 — Fiduciaries and Trusts · Chapter 18

55:18-9. Waiver of requirements by municipality; conditions

99 words·~1 min read·/nj/title-55/chapter-18/55-18-9

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

In order to avoid redundant or conflicting regulation, the municipal governing body may waive any requirement pursuant to the provisions of this act upon finding that the requirements for a federal or State program for provision of low- and moderate-income housing in which the resident first-time homebuyer or housing corporation is to participate and to which the property in question is to be subject fulfills the general purpose of the requirement waived or that the requirement if not waived would prevent or impede participation in the federal or State program.
L.1983, c. 335, s. 9, eff. Sept. 2, 1983.
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