New Jersey § 2a:61-19
Full text of New Jersey New Jersey Statutes § 2a:61-19, with citation guidance and answers to common questions.
§ 2a:61-19.
Whenever any real estate shall be sold or taken upon compensation, pursuant to any
competent judicial authority, or any law of this state, and the proceeds of such sale
or the compensation for such taking, shall be paid into any court of this state, pursuant
to such authority or law, such court shall order and direct such payment or payments,
in gross, to be made out of such proceeds, as compensation to such person or persons
as shall be entitled to any vested, certain and absolute estate or interest, less
than the fee simple, of, in, and to such real estate, or any part thereof, as such
court shall deem a just and reasonable satisfaction for such estate or interest, and
as the person so entitled shall consent, in writing, to accept in lieu thereof; but
in case any such person shall fail to give such consent, before the making of the
order for the distribution of such proceeds or compensation, then such court shall
ascertain and determine what proportion of such proceeds or compensation will be just
and reasonable to be reserved for the benefit of such person, and shall order the
same to be put out at interest on sufficient security of real estate, or invested
in legal securities or to be paid into court, under the direction and control of such
court, for the benefit of such person.
Frequently Asked Questions About New Jersey § 2a:61-19
What does New Jersey Statutes § 2a:61-19 cover?
Section 2a:61-19 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 2a:61-19?
A common citation format is "New Jersey Statutes § 2a:61-19" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 2a:61-19 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.