New Jersey § 52:27-26
Full text of New Jersey New Jersey Statutes § 52:27-26, with citation guidance and answers to common questions.
§ 52:27-26.
The governing body of any municipality in which the commission is functioning may
compromise and adjust the whole or any part of any special assessments or taxes delinquent
to the municipality, but nothing in this section shall be construed to impair or affect
in any way the existing rights and remedies of any holder of a certificate of tax
sale, representing any tax title or titles to lands in such municipality sold on account
of delinquent taxes or delinquent assessments, or both. No claims of the municipality for taxes or assessments, and interest thereon, in excess
of five hundred dollars, shall be compromised without the assent in writing of the
commission. All moneys received by the municipality by compromise or adjustment of taxes or special
assessments shall, if the commission so provide, be paid only to the account of the
reserve fund referred to in section 52:27-25 of this title.
Frequently Asked Questions About New Jersey § 52:27-26
What does New Jersey Statutes § 52:27-26 cover?
Section 52:27-26 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 § 52:27-26?
A common citation format is "New Jersey Statutes § 52:27-26" (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 § 52:27-26 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.