New Jersey § 3a:19-2
Full text of New Jersey New Jersey Statutes § 3a:19-2, with citation guidance and answers to common questions.
§ 3a:19-2.
When, at a sale upon foreclosure of a mortgage forming part of the assets of the estate
in his hands, a fiduciary shall purchase the real estate affected, or when, to avoid
foreclosure of such a mortgage asset, the fiduciary shall acquire title by deed from
the owner of the real estate affected, or when, to protect such a mortgage asset,
the fiduciary shall become a purchaser under any sale made upon foreclosure of any
other mortgage, tax sale or other lien on the real estate, or at a sale of the real
estate under execution or any judicial proceeding, the real estate so purchased or
acquired by the fiduciary shall be an asset of the estate in his hands and may be
sold and conveyed by him or any substituted fiduciary without order or judgment of
the court. Any such sale or conveyance made by him shall be valid and effectual in all respects
to sell or convey such real estate as if made under direction of the court.
Frequently Asked Questions About New Jersey § 3a:19-2
What does New Jersey Statutes § 3a:19-2 cover?
Section 3a:19-2 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 § 3a:19-2?
A common citation format is "New Jersey Statutes § 3a:19-2" (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 § 3a:19-2 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.