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Bill > A1518
NJ A1518
NJ A1518Clarifies DCA's authority to ensure planned real estate development builders comply with disclosure requirements.
summary
Introduced
01/27/2016
01/27/2016
In Committee
01/27/2016
01/27/2016
Crossed Over
Passed
Dead
01/08/2018
01/08/2018
Introduced Session
2016-2017 Regular Session
Bill Summary
This bill is part of a package of bills implementing 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." 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 that the Commissioner of Community Affairs has the authority to enforce the provisions of the "Planned Real Estate Development Full Disclosure Act" against builders of planned real estate developments. Specifically, it adds a definition of "builder" to the existing law and specifies that builders, in addition to other persons, can be fined for violating the Act or making untrue statements in registration applications.
Committee Categories
Housing and Urban Affairs
Sponsors (1)
Last Action
Introduced, Referred to Assembly Housing and Community Development Committee (on 01/27/2016)
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/2016/Bills/A2000/1518_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2016/Bills/A2000/1518_I1.PDF |
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