New Jersey Real Estate Practice Exam Practice Question
The Freshwater Wetlands Protection Act of 1987 is a New Jersey law that:
Correct Answer: B
Rationale: The Freshwater Wetlands Protection Act of 1987 focuses on preserving wetlands by restricting development in designated areas, thereby protecting vital ecosystems.
Option A is incorrect as the Act does not mandate environmental impact statements for real estate transfers. Option C misrepresents the Act's purpose; it does not empower the Department of Environmental Protection to acquire land through condemnation at below market value. Option D is unrelated, as the Act does not require registration of residential projects with the Department of Community Affairs. Thus, the Act's primary aim is to limit development in sensitive wetland areas to ensure their conservation.
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