17:19-7 - Disposal of property - New Jersey Statutes

17:19-7.  Disposal of property
    No applicant that has acquired any property by the exercise of the power of  eminent domain by a city and by subsequent conveyance from the city, as herein  provided, shall sell, assign or convey the property except upon notice to and  consent by the governing body.  Until the expiration of twenty-five years from  the date of the acquisition in the manner aforesaid, every purchaser of the  property shall take it subject to the same public use and charged with all the  duties and obligations imposed upon the property while in the ownership of the  applicant.  From and after the expiration of twenty-five years the property  shall be discharged from the public use and the owner shall be discharged  forthwith of the duties and obligations.