Recent ruling limits solar project SRECs on agricultural lands

A recent decision of the Appellate Division affirmed a ruling by the Board of Public Utilities that a farm did not constitute a brownfield for purposes of obtaining solar renewable energy certificates under the Electric Discount and Energy Competition Act.

Frequently Asked Questions About the NJ Statewide Non-Residential Development Fee Act

In 2008, the New Jersey State Legislature enacted the “Statewide Non-Residential Development Fee Act”, which is a part of the New Jersey Municipal Land Use Law, N.J.S.A. 40:55D-8.1 – 8.7. The purpose of the Act was to impose a uniform system of exactions for non-residential development contributions to Affordable Housing Trust Funds as there had previously been a patchwork of different Ordinances throughout the state imposing such fees.

Affordable Housing Ordinance Valid Absent COAH Review & Approval

Today the N.J. Appellate Division upheld the City of Hoboken's affordable housing ordinance and held that a trial court erred in invalidating the zoning approval conditions related to compliance with the municipal affordable housing ordinance's provisions.

Coming Soon: The New Closing Statement for Residential Mortgages

The world of real estate closings on the purchase and sale of residential property, using mortgage financing, will soon be changing. The Federal Government, in an effort to protect buyers, is making their lives and the lives of all parties to a residential transaction more complicated.