Statutes, codes, and regulations
New Jersey Administrative Code
Title 19 - OTHER AGENCIESNEW JERSEY SCHOOLS DEVELOPMENT AUTHORITYChapter 35 - DISPOSITION OF SURPLUS REAL AND PERSONAL PROPERTY OF THE NEW JERSEY SCHOOLS DEVELOPMENT AUTHORITY
Subchapter 5 - DISPOSITION OF SURPLUS REAL PROPERTY SUBJECT TO ADVERTISING REQUIREMENTS
Section 19:35-5.12 - Offer to purchase process for surplus real property: review, recommendation, and acceptance by the SDA of an offer to purchase

N.J. Admin. Code § 19:35-5.12

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Current through Register Vol. 57, No. 1, January 6, 2025
Section 19:35-5.12 - Offer to purchase process for surplus real property: review, recommendation, and acceptance by the SDA of an offer to purchase

Absent an acceptance of an offer under an exclusive negotiation agreement pursuant to N.J.A.C. 19:35-5.2(j), the SDA shall evaluate the offers received in response to a solicitation of offers to purchase in accordance with the best interests of the school construction program, price, and other factors (in accordance with N.J.A.C. 19:35-5.9) considered.

N.J. Admin. Code § 19:35-5.12

Adopted by 54 N.J.R. 647(a), effective 4/4/2022