New Jersey Administrative Code
Title 7 - ENVIRONMENTAL PROTECTION
Chapter 1I - PROCESSING OF DAMAGE CLAIMS PURSUANT TO THE SANITARY LANDFILL FACILITY CLOSURE AND CONTINGENCY FUND ACT
Subchapter 4 - PROPERTY VALUE DIMINUTION CLAIMS
Section 7:1I-4.8 - Contract for sale of property entered into before filing of claim
Current through Register Vol. 56, No. 18, September 16, 2024
(a) If a claimant has entered into a contract for the sale of property before filing a property value diminution claim with respect to such property, the Department may, in its discretion, settle such a claim in accordance with this section.
(b) Claims made pursuant to this section shall be eligible for compensation only to the extent provided in 7:1I-4.1, and only if the subject property satisfies the eligibility requirements set forth in 7:1I-4.2.
(c) Subject to the limitation in 7:1I-4.1, the Department shall determine the amount of the settlement offer pursuant to 7:1I-4.4.
(d) Together with the claim (or, if the claim is made before closing of the sale of the subject property, within 10 days after closing), the claimant shall submit to the Department all documents required pursuant to 7:1I-4.5; provided, however, that the Department may in its discretion, refrain from requiring submission of the documents normally required under 7:1I-4.5(a)1 and (a)7.
