[HISTORY: Adopted by the Township Committee of the Township of Wall
11-8-1978 as Sec. 3-19 of the Revised General Ordinances. 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.
