New Jersey Statutes > Title 44 > Chapter 3 – Erecting and Improving Buildings; Acquiring Land; Names for Buildings
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Terms Used In New Jersey Statutes > Title 44 > Chapter 3 - Erecting and Improving Buildings; Acquiring Land; Names for Buildings
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- territory: extends to and includes any territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
- Trustee: A person or institution holding and administering property in trust.