N.J. Admin. Code § 7:35-1.8
Current through Register Vol. 56, No. 21, November 4, 2024
If property which is exempted under the provisions of the Act or this chapter is applied to a use other than public recreation and conservation purposes, or is sold or otherwise transferred to an entity that is not a nonprofit organization, the applicant shall immediately notify the Department and the municipal tax assessor. That property shall no longer be eligible for tax exemption under this Act and shall be subject to roll-back taxes.
N.J. Admin. Code § 7:35-1.8
See: 39 N.J.R. 2701(a), 40 N.J.R. 147(a).
Section was "Change of status". Rewrote the section.
Former N.J.A.C. 7:35-1.8, Amendments, recodified to N.J.A.C. 7:35-1.10.