2012

Hurricane Sandy Victims: Property Tax Relief Available If You File by January 10, 2013

As a result of Superstorm Sandy, all property owners may qualify for a real estate tax reduction for the damage to their property as a result of the storm. In order to be considered, a property owner must notify his or her local Tax Assessor in writing, preferably by certified mail, no later than January 10, 2013 that their property was damaged in the storm. You are not obligated to provide any additional information. The assessor is to then inspect the property and determine whether a reduction is warranted.

Governor Christie Approves Extension to Permit Extension Act

On September 21, 2012, the Governor signed into law an amendment to the Permit Extension Act of 2008 allowing, with few exceptions, certain state, county and local development permits and approvals unexpired as of January 1, 2007 to remain valid until December 31, 2014, and in some cases until June 30, 2015. The new law marks the third amendment to the Permit Extension Act in as many years extending the life of permits and approvals valid as of January 1, 2007.