NEW JERSEY DEPARTMENT OF TRANSPORTATION

LOT OWNER LEASE AGREEMENT

BLOCK: ____________	MUNICIPALITY: _______________________

LOT:	______________	COUNTY: _______________________

PROJECT: _______________________________________________________________________

Pursuant to the State Highway Access Management Act and Code, the New Jersey Department of Transportation (Department) will alter access to Lot _______ and Block _________ (the Property) in conformance with the attached access alteration plan (Plan). This work will require the temporary entry onto the Property for approximately _____ week(s). In consideration of $ , in lieu of condemnation, the owner of the Property (Lot Owner) agrees as follows:

The Department its employees and contractors are permitted with 72 hours notice to enter upon Property within the limit of line shown as “Temporary Site Mitigation (Access)” on the Plan.

At its sole expense, the Department shall perform, or cause a contractor to perform, all work necessary to establish the access alterations shown on the Plan in a good and workmanlike manner and in accord with applicable Department specifications.

The Department, its employees, contractors, or any other individual or entity who enters upon the Property pursuant to this Agreement, shall not unreasonably prevent the Lot Owner, its tenants, assigns, customers, or any other individuals or entities, from entering upon the Property during construction.

The Lot Owner shall notify any subsequent purchaser of this Agreement and this Agreement is binding on all successors and assigns.

The Lot Owner acknowledges that this Agreement is for the temporary lease of a portion of Lot _____, Block _____ as depicted on the Plan for the construction work necessary to alter access to the Property.

The Lot Owner shall retain its right to additional compensation if the Department acquires any supplementary real property rights in addition to the “Temporary Site Mitigation (Access)” interest acquired by this Lease Agreement.

Payment will be made to the Lot Owner prior to the Department’s award of the contract for construction of the highway improvement project and entry onto the Property.

This Agreement will automatically expire when the Department has completed the work necessary to alter the access to the Property or five years from the date of the Department’s execution, whichever comes sooner.

The parties who execute this Agreement hereby certify that they have full power and authority to act on behalf of and to bind the respective parties.

IN WITNESS WHEREOF, the Parties have executed this Agreement as of the day and year last below written.

____________________________________________

Name of individual Lot Owner/ Business Entity

____________________________________________

Signature of Lot Owner/Authorized Officer of

Business Entity

____________________________________________

Title/Capacity of Authorized Officer of Business Entity

Date: ________________________

NEW JERSEY DEPARTMENT OF TRANSPORTATION

By: ____________________________________________

Printed Name: Victor Akpu

Title: Director, Division of Right of Way and Access

Management

Date: ________________________

1

ROW Access Design Guidelines

Lot Owner Lease Agreement

Lot Owner

Glenn Lawrence

2012-05-01

Lawrence, Glenn

Kiran Shelat

NJDOT