New Jersey Administrative Code
Title 2 - AGRICULTURE
Chapter 76 - STATE AGRICULTURE DEVELOPMENT COMMITTEE
Subchapter 8 - ACQUISITION OF FARMLAND IN FEE SIMPLE
Section 2:76-8.9 - Negotiation of offer
Universal Citation: NJ Admin Code 2:76-8.9
Current through Register Vol. 56, No. 18, September 16, 2024
(a) The Committee authorizes staff to negotiate the purchase of the farmland in fee simple title with the owner not to exceed the certified market value for the fee simple estate established pursuant to 2:76-8.8.
(b) Upon the owner's acceptance of a fee simple value, the Committee shall conduct a final review pursuant to 2:76-8.1 0.
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