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New Jersey Statutes - Title 12 Commerce and Navigation - 12:3-49 Re-entry under covenant by board on behalf of state when rent unpaid

Legal Research Home > New Jersey Laws > Commerce and Navigation > New Jersey Statutes - Title 12 Commerce and Navigation - 12:3-49 Re-entry under covenant by board on behalf of state when rent unpaid

12:3-49. Re-entry under covenant by board on behalf of state when rent unpaid
Where a riparian lease, the rentals of which are unpaid for the space of one year, contains a covenant or condition that upon nonpayment of the yearly rent or sum reserved at the time or times fixed for the payment thereof, the state may re-enter and possess the lands described in the lease, the board may enter upon said lands, and in the name and on behalf of the state, take possession thereof.

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Last modified: February 13, 2012