New Jersey § 46:8a-25
Full text of New Jersey New Jersey Statutes § 46:8a-25, with citation guidance and answers to common questions.
§ 46:8a-25.
Where any building is not insured or where the insurance indemnity is insufficient
to cover the cost of reconstruction, the new building costs shall be paid by all the
coowners directly affected by the damage, in proportion to the value of their respective
apartments, or as may be provided by said bylaws; and if so provided in the bylaws
such costs shall be paid by the administrator, or the board of administration, or
other form of administration specified in the bylaws. The provisions of this section may be changed by unanimous resolution of the parties
concerned, adopted subsequent to the date on which the fire or other disaster occurred.
Frequently Asked Questions About New Jersey § 46:8a-25
What does New Jersey Statutes § 46:8a-25 cover?
Section 46:8a-25 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 46:8a-25?
A common citation format is "New Jersey Statutes § 46:8a-25" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 46:8a-25 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.