New Jersey § 45:22a-37

Full text of New Jersey New Jersey Statutes § 45:22a-37, with citation guidance and answers to common questions.

§ 45:22a-37.

a. Any developer disposing of real property subject to this act, who shall violate

any of the provisions of section 6 hereof, 1 or who in disposing of such property makes an untrue statement of material fact or

omits a material fact from any application for registration, or amendment thereto,

or from any public offering statement, or who makes a misleading statement with regard

to such disposition, shall be liable to the purchaser for double damages suffered,

and court costs expended, including reasonable attorney's fees, unless in the case

of an untruth, omission, or misleading statement such developer sustains the burden

of proving that the purchaser knew of the untruth, omission or misleading statement,

or that he did not rely on such information, or that the developer did not know and

in the exercise of reasonable care could not have known of the untruth, omission,

or misleading statement. b. The court may, in addition to remedies provided herein, frame such other relief

as may be appropriate under the circumstances. If the purchaser shall fail in establishing a cause of action, and the court further

determines that the action was wholly without merit, the court may award attorney's

fees to the developer. c. Every person who directly or indirectly controls a development or developer liable

under subsection a., every general partner, officer, or director of a developer, and

every person occupying a similar status or performing a similar function, shall also

be liable jointly and severally with and to the same extent as such developer, unless

the person otherwise liable sustains the burden of proof that he did not know and

in the exercise of reasonable care could not have known of the existence of the facts

by reason of which the liability is alleged to exist. There is a right to contribution as in cases of contract among persons so liable. d. A person may not recover under this section in actions commenced more than 6 years

after his first payment of money to the developer in the contested transaction. e. Any stipulation or provision purporting to bind any purchaser acquiring a parcel,

lot, unit, or interest, in any development subject to the provisions of this act,

or any rule, regulation, or order promulgated thereunder, to a waiver of compliance

with said provisions, shall be void. 1

N.J.S.A. § 45:22A-26.

Frequently Asked Questions About New Jersey § 45:22a-37

What does New Jersey Statutes § 45:22a-37 cover?

Section 45:22a-37 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-37?

A common citation format is "New Jersey Statutes § 45:22a-37" (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-37 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.