New Jersey Statutes

§ 13:17-22 — Required provisions in agreements, leases, deeds or other instruments from or between commission and to or with a redeveloper

New Jersey·Title 13 CONSERVATION AND DEVELOPMENT--PARKS AND RESERVATIONS

All agreements, leases, deeds and other instruments from or between the commission and to or with a redeveloper shall contain, without being limited to, the following provisions:

(a)a covenant running with the land to the effect that the land, and any buildings or improvements thereon, shall only be used for the purposes designated in the redevelopment plan;
(b)a provision that the redeveloper shall be without power to sell, lease or otherwise transfer the redevelopment area or project or any part thereof without the prior written consent of the commission;
(c)any lease to a redeveloper may provide that all improvements shall become the property of the commission;
(d)such other covenants, provisions and continuing controls as may be deemed necessary to effectuate the purposes of this a

Free access — add to your briefcase to read the full text and ask questions with AI

New Jersey § 13:17-22 (Required provisions in agreements, leases, deeds or other instruments from or between commission and to or with a redeveloper) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Nearby Sections

15
View on official source ↗