New Jersey Statutes 4:1C-42. Acquired land held in name of State; sale, conditions
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Terms Used In New Jersey Statutes 4:1C-42
- Deed: The legal instrument used to transfer title in real property from one person to another.
- State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
Any land acquired by the committee pursuant to the terms of P.L.1989, c.28 (C. 4:1C-38 et al.) shall be held of record in the name of the State and shall be offered for sale by the committee with a deed restriction permanently prohibiting nonagricultural development. Land sold with a deed restriction permanently prohibiting nonagricultural development pursuant to this section is exempt from the provisions of section 2 of P.L.1989, c.28 (C. 4:1C-39).
L.1989, c.28, s.5; amended 1989,c.310,s.9.