State Codes and Statutes

Statutes > New-jersey > Title-40 > Section-40-37 > 40-37-205

40:37-205. Lands for parks; lease with option to purchase
The commission may acquire by lease for a definite period, not exceeding ten years, lands for parks and open spaces for public resort and recreation, but all such leases shall contain an option to purchase the leased lands.

State Codes and Statutes

Statutes > New-jersey > Title-40 > Section-40-37 > 40-37-205

40:37-205. Lands for parks; lease with option to purchase
The commission may acquire by lease for a definite period, not exceeding ten years, lands for parks and open spaces for public resort and recreation, but all such leases shall contain an option to purchase the leased lands.