Beginning on March 20, 2024, the new NJ law requires sellers of real property and landlords to make disclosures regarding known and potential flood risks in purchase and sale agreements and new leases and renewals. ...more
4/1/2024
/ Commercial Leases ,
Commercial Property Owners ,
Contract Terms ,
Disclosure Requirements ,
FEMA ,
Flood Zones ,
Flooding ,
Landlords ,
Penalties ,
Property Owners ,
Purchase Agreement ,
Purchase and Sale Agreements ,
Real Estate Transactions ,
Real Estate Transfers ,
Residential Leases ,
Residential Property Owners
On Wednesday November 10th, the New Jersey Economic Development Authority (NJEDA) officially approved regulations for the Aspire Program.
The goal of the Aspire Program, one part of the larger New Jersey Economic...more
On December 21, 2020, the New Jersey Legislature passed the “New Jersey Economic Recovery Act of 2020” (the “Economic Recovery Act” or the "Act"), an omnibus piece of legislation which provides support for various programs...more
On April 15, 2020, New Jersey Governor Phil Murphy signed bill A-3903 into law. The new law allows for New Jersey notaries (or an officer authorized to take oaths, affirmations, and affidavits, or to take acknowledgements) to...more