New Jersey § 46:8b-17
Full text of New Jersey New Jersey Statutes § 46:8b-17, with citation guidance and answers to common questions.
§ 46:8b-17.
The common expenses shall be charged to unit owners according to the percentage of
their respective undivided interests in the common elements as set forth in the master
deed and amendments thereto, or in such other proportions as may be provided in the
master deed or by-laws. The amount of common expenses charged to each unit shall be a lien against such
unit subject to the provisions of section 21 of this act. 1 A unit owner shall, by acceptance of title, be conclusively presumed to have agreed
to pay his proportionate share of common expenses accruing while he is the owner of
a unit. However, the liability of a unit owner for common expenses shall be limited to amounts
duly assessed in accordance with this act, the master deed and by-laws. No unit owner may exempt himself from liability for his share of common expenses
by waiver of the enjoyment of the right to use any of the common elements or by abandonment
of his unit or otherwise. The common expenses charged to any unit shall bear interest from the due date set
by the association at such rate not exceeding the legal interest rate as may be established
by the association or if no rate is so established at the legal rate. 1
N.J.S.A. § 46:8B-21.
Frequently Asked Questions About New Jersey § 46:8b-17
What does New Jersey Statutes § 46:8b-17 cover?
Section 46:8b-17 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 § 46:8b-17?
A common citation format is "New Jersey Statutes § 46:8b-17" (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 § 46:8b-17 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.