N.J. Admin. Code § 5:26-4.3

Current through Register Vol. 56, No. 24, December 18, 2024

Section 5:26-4.3 - Form

(a) The public offering statement shall be in the following form:

1. A front cover shall contain the name and address of the developer, the name and location of the planned real estate development or retirement community, the effective date of the offering statement, which shall be the date of registration by the Agency, and shall contain the following statement in 10-point bold type:

NOTICE TO PURCHASERS

THE PUBLIC OFFERINGS STATEMENT IS FOR INFORMATIONAL PURPOSES ONLY. PURCHASERS SHOULD ASCERTAIN FOR THEMSELVES THAT THE PROPERTY OFFERED MEETS THEIR PERSONAL REQUIREMENTS. THE NEW JERSEY DIVISION OF CODES AND STANDARDS HAS NEITHER APPROVED NOR DISAPPROVED THE MERITS OF THIS OFFERING. BE SURE TO READ CAREFULLY ALL DOCUMENTS BEFORE YOU SIGN THEM.

2. A reasonably detailed table of contents showing the subject matter of the various sections, subsections or documents contained in the public offering statement and the page number on which each appears.

3. As set forth in N.J.A.C. 5:26-4.1(a), with respect to new construction projects. Part I of the Public Offering Statement shall be in narrative form and, in addition to the items set forth in N.J.A.C. 5:26-4.1(a), shall contain an explanation that the documents referred to in Part I will be provided to prospective purchasers at or prior to the time a contract is executed.

4. The public offering statement shall be printed on good quality unglazed white paper no smaller than 8 1/2 x 11 inches nor larger than 8 1/2 x 14 inches. The cover may be of a different color provided the printed material contained thereon shall be legible.

5. No portion of the public offering statement may be underscored, italicized, or printed in larger, heavier or different color type than the remainder of the statement unless required or permitted by the Agency.

N.J. Admin. Code § 5:26-4.3

As amended, R.1981 d.130, eff. 5/7/1981.
See: 12 New Jersey Register 631(b), 13 New Jersey Register 259(a).
(a)1: "registration" was "approval".
(a)3: "followed by ... as exhibits" added, "in the order shown therein" deleted.
As amended, R.1983 d.446, eff. 10/17/1983.
See: 15 New Jersey Register 1055(a), 15 New Jersey Register 1758(b).
In (a), deleted old and added new 3.
As amended, R.1984 d.434, eff. 10/1/1984.
See: 16 New Jersey Register 2032(a), 16 New Jersey Register 2522(a).
Added "and development."
Amended by R.2001 d.48, effective 2/5/2001.
See: 32 New Jersey Register 1272(a), 33 New Jersey Register 550(c).
In (a)1, substituted "CODES AND STANDARDS" for "HOUSING AND DEVELOPMENT".