New Jersey Revised Statutes § 46:8a-3 - Horizontal Property Regimes; Mergers

46:8A-3. Horizontal property regimes; mergers
Whenever a sole owner or the coowners of a building expressly declare, through the recordation of a master deed, which shall set forth the particulars enumerated in section 9, their desire to submit their property to the regime established by this act, there shall thereby be established a horizontal property regime. The coowners of property established as a single horizontal property regime may merge with the coowners of property in one or more other regimes to form a new single horizontal property regime, upon the consent of a majority of the coowners of the property in each of the merging regimes.

L.1963, c. 168, s. 3. Amended by L.1978, c. 124, s. 2, eff. Oct. 5, 1978.

Section: Previous  46-8-46  46-8-47  46-8-48  46-8-49  46-8-50  46-8a-1  46-8a-2  46-8a-3  46-8a-3.1  46-8a-4  46-8a-5  46-8a-6  46-8a-7  46-8a-8  46-8a-9  Next

Last modified: October 11, 2016