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Terms Used In New Jersey Statutes 45:5AAA-12

  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
11. The provisions of sections 7, 8, 9, 12, 13, 17, and 20 through 23 of P.L.2023, c.237 (C. 45:5AAA-7 et al.) shall not apply to:

a. Any individual required to register pursuant to “The New Home Warranty and Builders’ Registration Act,” P.L.1977, c.467 (C. 46:3B-1 et seq.), but only in conjunction with the building of a new home as defined in section 2 of P.L.1977, c.467 (C. 46:3B-2);

b. Any individual regulated by the State as an architect, professional engineer, landscape architect, land surveyor, electrical contractor, master plumber, or any other individual in any other related profession requiring registration, certification, or licensure by the State, who is acting within the scope of practice of the individual’s profession;

c. Any individual who is employed by a common interest community, including, but not limited to, a community association or cooperative corporation, or by the owner or manager of any other residential property, while the individual is acting within the scope of that employment;

d. Any public utility as defined under R.S.48:2-13;

e. Any individual licensed under the provisions of section 16 of P.L.1960, c.41 (C. 17:16C-77) but only in conjunction with selling a home repair contract as defined in section 1 of P.L.1960, c.41 (C. 17:16C-62) and as also applicable to P.L.1968, c.224 (C. 17:16C-95 et seq.);

f. Any home improvement or home elevation retailer with sales of more than $50,000,000, or employee of that retailer while acting on behalf of that retailer; and

g. Any individual who is seeking a license in home improvement pursuant to paragraph (2) of subsection b. in section 7 of P.L.2023, c.237 (C. 45:5AAA-7).

L.2023, c.237, s.11.