A.Â
If, before final subdivision approval has been granted,
any person transfers or sells or agrees to transfer or sell, except
pursuant to an agreement expressly conditioned on final subdivision
approval, as owner or agent any land which forms a part of a subdivision
for which municipal approval is required by ordinance pursuant to
this chapter, such person shall be subject to a penalty not to exceed
$1,000, and each lot disposition so made may be deemed a separate
violation.
C.Â
In any such action, the transferee, purchaser or grantee
shall be entitled to a lien upon the portion of the land which the
subdivision was made that remains in the possession of the subdivider
or his assigns or successors, to secure the return on any deposit
made or purchase price paid and also to a reasonable search fee, survey
expense and title closing expense, if any. Any such action must be
brought within two years after the date of the recording of the instrument
of transfer, sale or conveyance of said land, or within six years
if unrecorded.
If any article, section, subsection, sentence,
clause or phrase of this chapter is for any reason held to be unconstitutional
or invalid, such decision shall not affect the remaining portions
of this chapter.
Nothing in this chapter shall be construed to
restrict the right of any party to obtain a review by a court of competent
jurisdiction according to law.
This chapter shall take effect immediately upon
final passage and publication in accordance with the laws of the State
of New Jersey.