New Jersey Statutes 45:5AAA-2. Definitions
Terms Used In New Jersey Statutes 45:5AAA-2
- 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.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- 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
“Board” means the New Jersey State Board of Home Improvement and Home Elevation Contractors.
“Contractor” means an individual providing home improvement or home elevation services, or both types of services, for a corporation, partnership, association, sole proprietorship, and any other form of business organization or entity that enters into contracts for home improvement, home elevation, or both types of services with consumers. This shall not include: (1) an individual who owns or manages a home improvement or home elevation business but does not perform home improvement or home elevations services; or (2) employees of or individuals contracted by a sole proprietorship, corporation, partnership, association, or other form of a business entity hired or contracted to sell home improvement or home elevation services, or both types of services. An individual who makes a home improvement or home elevation without compensation shall not be deemed to be a contractor with respect to that service.
“Director” means the Director of the Division of Consumer Affairs in the Department of Law and Public Safety.
“Division” means the Division of Consumer Affairs in the Department of Law and Public Safety.
“Home elevation” means any home improvement that involves raising an entire residential structure to a higher level above the ground.
“Home elevation contractor” means a contractor who engages in the practice of home elevation and is authorized to perform home improvement services.
“Home improvement” means the remodeling, altering, renovating, repairing, restoring, modernizing, moving, demolishing, installing in, or otherwise improving or modifying of the whole or any part of any residential property. Home improvement shall also include insulation, installation and the conversion of existing commercial structures into residential property. Home improvement shall not include the construction of a new residential property.
“Home improvement contractor” means a contractor who engages solely in the practice of home improvement.
“Limited specialty services license” means a license issued by the board that authorizes an individual only to perform services in a specialty of home improvement, the scope of which shall be determined by the board.
“Limited specialty services licensee” means an individual licensed by the board to provide limited specialty home improvement services.
“Principal home improvement contractor” or “principal home elevation contractor” means a licensed home improvement or home elevation contractor who oversees the performance of services for contracts (1) valued at a minimum of $120,000 and (2) that require the submittal of plans with more than one subcode. A principal home improvement or principal home elevation contractor may also provide services as a home improvement contractor or home elevation contractor if a contract is valued at less than $120,000 or does not require submittal of plans with more than one subcode.
“Residential property” means any single or multi-unit structure used in whole or in part as a place of residence, and all structures appurtenant thereto, and any portion of the lot or site on which the structure is situated which is devoted to the residential use of the structure.
L.2023, c.237, s.2.