N.J. Stat. Ann. § 20:3-18

Deposit of estimated compensation

Known as the Eminent Domain Act

The act spans §§ 20:3-1 to 20:3-9 (51 sections).

Applied in 1 court decision — leading case Duk Hea Oh v. National Capital Revitalization Corp. (2010)

Most recently applied in Duk Hea Oh v. National Capital Revitalization Corp. (November 2010)

L.1971, c. 361, s. 18.

Simultaneously with the filing of the declaration of taking, the condemnor shall deposit the amount of such estimated compensation with the clerk of the court. The amount so deposited shall be not less than the amount offered pursuant to section 6 hereof, and if an award has been made by commissioners hereunder, or a judgment determining compensation has been entered at the time of the filing of such declaration, the amount so deposited shall be not less than the amount of such award or judgment.

Any amount so deposited shall not be subject to the fees set forth in N.J.S. 22A:2-20.

Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.