New Jersey § 45:15-16
Full text of New Jersey New Jersey Statutes § 45:15-16, with citation guidance and answers to common questions.
§ 45:15-16.
Unless the subdivided lands or the transaction is exempt pursuant to section 6 of
this act: 1 a. No person may offer, dispose or participate in this State in the disposition of
subdivided lands or of any interest in subdivided lands unless in accordance with
the provisions of this act. b. No person may dispose or participate in the disposition of any interest in subdivided
lands unless a current public offering statement, disclosing fully all information
required in section 12 of this act, 2 is delivered to the purchaser and the purchaser is afforded a reasonable opportunity
to examine the public offering statement prior to the disposition. 1
N.J.S.A. § 45:15-16.32. 2
N.J.S.A. § 45:15-16.38.
Frequently Asked Questions About New Jersey § 45:15-16
What does New Jersey Statutes § 45:15-16 cover?
Section 45:15-16 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 § 45:15-16?
A common citation format is "New Jersey Statutes § 45:15-16" (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 § 45:15-16 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.