New Jersey Statutes 40:18-3. Corporate powers; acquisition and sale of property
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Terms Used In New Jersey Statutes 40:18-3
- 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
Every county shall have perpetual succession, may sue and be sued, have a common seal, and purchase, acquire, lease, hold, let and convey real and personal property for the use and benefit of the county.