N.J.S.A. 40:37-205

Lands for parks; lease with option to purchase

40:37-205. Lands for parks; lease with option to purchase The commission may acquire by lease for a definite period, not exceeding ten years, lands for parks and open spaces for public resort and recreation, but all such leases shall contain an option to purchase the leased lands.

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This is the verbatim text of N.J.S.A. 40:37-205, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.

N.J.S.A. 40:37-205 — Lands for parks; lease with option to purchase | Kyzer