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Bill > A3236
NJ A3236
NJ A3236Clarifies DCA's authority to ensure planned real estate development builders comply with disclosure requirements.
summary
Introduced
02/25/2020
02/25/2020
In Committee
02/25/2020
02/25/2020
Crossed Over
Passed
Dead
01/11/2022
01/11/2022
Introduced Session
2020-2021 Regular Session
Bill Summary
This bill implements one of the recommendations of the State Commission of Investigation in its report of March, 2005 entitled "The Good, the Bad and the Ugly: New-Home Construction in New Jersey." Specifically, this bill clarifies that the Commissioner of Community Affairs has authority to enforce the provisions of "The Planned Real Estate Development Full Disclosure Act" against planned real estate development builders.
AI Summary
This bill clarifies the Commissioner of Community Affairs' authority to enforce the Planned Real Estate Development Full Disclosure Act against builders of planned real estate developments. The bill specifies that a "builder" is included in the definition of a "person" under the act, allowing the commissioner to levy fines against builders who violate the act's provisions or make untrue statements in registration applications. The bill aims to implement a recommendation from a 2005 State Commission of Investigation report on new-home construction in New Jersey.
Committee Categories
Housing and Urban Affairs
Sponsors (1)
Last Action
Introduced, Referred to Assembly Housing Committee (on 02/25/2020)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| BillText | https://www.njleg.state.nj.us/2020/Bills/A3500/3236_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2020/Bills/A3500/3236_I1.PDF |
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