Terms Used In New Jersey Statutes 40A:14-83

  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
The board of fire commissioners of a fire district may lease at a nominal rental space in any of its buildings to the municipality in which the district is located.

L.1971, c. 197, s. 1, eff. July 1, 1971.