New Jersey § 45:22a-25
Full text of New Jersey New Jersey Statutes § 45:22a-25, with citation guidance and answers to common questions.
§ 45:22a-25.
a. Unless the method of disposition is adopted for purposes of evasion, the provision
of this act shall not apply to offers or dispositions: (1) By an owner for his own account in a single or isolated transaction; (2) Wholly for industrial, commercial, or other nonresidential purposes; (3) Pursuant to court order; (4) By the United States, by this State or any of its agencies or political subdivisions; (5) Of real property located without the State; (6) Of cemetery lots or interests; (7) Of less than 100 lots, parcels, units or interests; provided, however, that with
respect to condominiums and cooperatives, this exemption shall not apply, irrespective
of the number of lots, parcels, units, or interests offered or disposed of; (8) Of developments where the common elements or interests, which would otherwise
subject the offering to this act, are limited to the provision of unimproved, unencumbered
open space; (9) In a development composed wholly of rental units, where the relationship created
is one of landlord and tenant; b. The agency may from time to time, pursuant to its rules and regulations, exempt
from any of the provisions of this act any development, or any lots, units, parcels,
or interests in a development, if it finds that the enforcement of this act with respect
to such, is not necessary in the public interest or required for the protection of
purchasers by reason of the small amount of the purchase price involved, the limited
character of the offering, or the limited nature of the common or shared elements.
Frequently Asked Questions About New Jersey § 45:22a-25
What does New Jersey Statutes § 45:22a-25 cover?
Section 45:22a-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 § 45:22a-25?
A common citation format is "New Jersey Statutes § 45:22a-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 § 45:22a-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.