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2022 New Jersey Revised Statutes
Title 45 - Professions and Occupations
Section 45:22A-45.3 - Findings, declarations relative to association assessment in planned real estate developments.
Universal Citation: NJ Rev Stat § 45:22A-45.3 (2022)
45:22A-45.3 Findings, declarations relative to association assessment in planned real estate developments.
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.
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