Terms Used In New Jersey Statutes 52:20-7

  • 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
  • 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
52:20-7. The commission shall have custody of all buildings owned by the State, including the State barracks, except buildings under the custody of the State Capitol Joint Management Commission, which are used by the departments, agencies and officials of the State in connection with the conduct of the State’s business, and shall lease from time to time such office space as may be required for the conduct of the State’s business at such terms and under such conditions as it may deem appropriate.

Amended 1992,c.67,s.11.