[HISTORY: Adopted by the Township Committee of the Township of Fairfield by Ord. No. 459-99 (§ 2-18 of the 1980 Code). Amendments noted where applicable.]
Payment to a claimant by any insurance company of any claim in excess of $2,500 for fire damages on any real property located within the Township shall be prohibited until such time as anticipated demolition costs and all taxes and assessments and all other municipal liens or charges due and payable, appearing on the official certificate of search, shall have been paid either by the owner of such real property or by the insurance company pursuant to N.J.S.A. 17:36-9.