[HISTORY: Adopted by the Township Council of the Township
of Verona 11-2-1987 as Section 1 of Ord. No. 18-87 (Ch. 65 of the 1981 Code). Amendments
noted where applicable.]
For the purposes of this chapter, the definition of "convert"
shall be as is set forth in N.J.S.A. 2A:18-61.24f.
[Amended 4-2-2001 by Ord.
No. 2-2001]
The owner of any building or structure who seeks to convert any premises from residential rental use to condominium, cooperative, planned residential development or separable fee-simple ownership of the dwelling units shall, pursuant to N.J.S.A. 2A:18-61.35, pay a fee to the Township of Verona in the amount established by Chapter A565 of the Verona Code for each dwelling unit in the building or structure being converted. Such fee shall be payable at the time such owner files his notice of intention to register for conversion as required by state law and shall accompany the notice of intention filed with the Township Rent Control Board.
