46:8A-22 - Joint and several liability of purchaser and seller for payment of assessments; purchaser's recovery; statement of amount due by seller - New Jersey Statutes

46:8A-22.  Joint and several liability of purchaser and seller for payment of assessments;  purchaser's recovery;  statement of amount due by seller
    The purchaser of an apartment shall be jointly and severally liable with the  seller for the amounts owing by the latter under section 18 of this Title up to  the time of the conveyance, without prejudice to the purchaser's right to  recover from the other party the amounts paid by him as such joint debtor. The  council of co-owners shall provide for the issuance and issue to any purchaser,  upon his request, a statement of such amounts due by the seller and the  purchaser's liability under this section shall be limited to the amount as set  forth in said statement.

     L.1963, c. 168, s. 22.