It is unlawful for any owner of a business, owner of a rental
unit or units, or the owner of a multifamily home of four or fewer
units, one of which is owner-occupied, to operate within the Borough
without first registering its certificate of insurance demonstrating
compliance with Section 1 of P.L. 2022, c. 92, and paying the registration
fee required herein.
The following entities are required to register their certificate
of insurance under this chapter:
A. Businesses, which shall mean any business located in the Borough
of Fort Lee.
B. Owners of single rental dwelling units.
C. Owners of multiple dwelling rental units.
D. Owners of multifamily homes that include rental units, even where
one unit is owner-occupied.
The Fire Official shall accept, approve and file registration
applications and collect registration fees hereunder.
An application for a business insurance registration shall be included with the business registration form or non-life-hazard registration form as required by Chapter
216, Fire Prevention, Article
X, §
216-72, accompanied by the required fee, and shall be made to the Fire Official upon forms provided by the Fire Official. It shall contain the following information:
A. Name and address of the applicant. If the applicant is a corporation,
the name and address of its registered agent.
B. The address of the rental dwelling units or business as applicable.
C. A description of the nature of the business and the goods, property
or services to be sold or supplied.
D. A certificate of insurance reflecting the following amounts of insurance
in compliance with P.L. 2022, c. 92:
(1) Except as provided in Subsection
D(2) of this section, the owner of a business or the owner of a rental unit or units shall maintain liability insurance for negligent acts and omissions in an amount of no less than $500,000 for combined property damage and bodily injury to or death of one or more persons in any one accident or occurrence.
(2) The owner of a multifamily home which is four or fewer units, one
of which is owner-occupied, shall maintain liability insurance for
negligent acts and omissions in an amount of no less than $300,000
for combined property damage and bodily injury to or death of one
or more persons in any one accident or occurrence.
Any person who violates the terms of this chapter shall pay
the license fee plus a fine of not less than $500, but no more than
$5,000, plus court costs.