N.J.S.A. 45:22A-45.3 — Findings, declarations relative to association assessment in planned real estate developments.

45:22A-45.3 Findings, declarations relative to association assessment in planned real estate developments. 1. The Legislature finds and declares that: a. Certain associations have interpreted that the provisions of P.L.2017, c.106 (C.45:22A-45.1 et al.), enacted on July 13, 2017, may impose new responsibilities on certain property owners to pay assessments and other charges to their associations; and b. It is necessary and in the public interest for the Legislature to clarify that P.L.2017, c.106 (C.45:22A-45.1 et al.) did not impose new responsibilities on property owners to pay assessments and other charges. L.2020, c.100, s.1.

This is the verbatim text of N.J.S.A. 45:22A-45.3, 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.