[HISTORY: Adopted by the Township Committee of the Township
of Eagleswood 9-14-1981 by Ord. No. 11-81 (Ch. 9 of the 1977 Township
Code); amended in its entirety at time of adoption of Code (see Ch.
1, General Provisions, Art. I). Subsequent amendments noted where
applicable]
No insurer issuing fire insurance policies in the Township shall
pay any claim for fire damages in excess of $2,500 on any real property
located within the Township, unless it is in receipt of an official
certificate of search for municipal liens issued by the Township,
pursuant to N.J.S.A. 54:5-12, which certificate certifies that all
taxes, assessments and other municipal liens or charges levied and
assessed, and due and payable, against the property have been paid.
No insurer issuing fire insurance policies in the Township shall
pay any claims for fire damages in excess of $2,500 on any real property
located within the Township, unless it is in receipt of an official
certificate, certified by the Construction Official, that no demolition
is required as a result of the fire loss or, if demolition is required,
that the costs of demolition have been paid. If the demolition has
not yet occurred on the date the aforesaid certificate is issued,
the certificate shall provide an estimate of the anticipated costs
of demolition, which shall be paid to the Township by the insured,
and such money shall be held in an interest-bearing escrow account
as provided by N.J.S.A. 17:36-8.
Except in a case in which a resolution is adopted by the Township
Committee providing for installment payment of taxes, assessments,
liens, or demolition costs pursuant to N.J.S.A. 17:36-11, an insurance
company writing fire insurance policies in the Township shall pay
to the Township, prior to the making of any payment of the claim to
the insured person, all taxes, assessments, liens or related charges
as are contained on the official certificate in the manner provided
by N.J.S.A. 17:36-8 et seq.
