a. A disclaimer shall be in writing, signed and acknowledged by the person disclaiming, and shall:
(1) Describe the property, interest, power or discretion disclaimed;
(2) If the property interest disclaimed is real property, identify the municipality and county in which the real property is situated; and
(3) Declare the disclaimer and the extent thereof.
b. The disclaimer shall be made within the time prescribed by section 68 of P.L.2004, c.132 (C.3B:9-4.2).
Amended 2004, c.132, s.65.