New Jersey § acts:saved-54 - (31)
Full text of New Jersey New Jersey Statutes § acts:saved-54 — (31), with citation guidance and answers to common questions.
§ acts:saved-54. (31)
8. That when any lands assessed under the act to which this is a supplement, have been
heretofore or shall hereafter be redeemed by any person having a mortgage or other
lien or encumbrance thereon, the person so redeeming shall hold and retain a first
lien on said lands, subject only to taxes and assessments thereafter levied and assessed,
to the amount of the sum paid by him to effect such redemption, together with lawful
interest thereon from the time of such payment; and the certificate of the city treasurer
stating the payment and showing what property such payment is intended to redeem,
shall be evidence of such redemption and payment; any person redeeming lands sold
under the provisions of the act to which this is a supplement, shall pay to the city
treasurer, for the use of the purchaser, his legal representatives or assigns, not
only the sum paid at the sale, with interest, as provided in section sixth of said
act, but also any other tax or assessment chargeable thereon, and which the said purchaser
or his legal representatives or assigns may have paid since said sale, together with
lawful interest on such payment from the time of filing such notice; provided, a
notice of such payment shall have been filed in the office of the city treasurer.
Frequently Asked Questions About New Jersey § acts:saved-54
What does New Jersey Statutes § acts:saved-54 cover?
Section acts:saved-54 ("(31)") 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 § acts:saved-54?
A common citation format is "New Jersey Statutes § acts:saved-54" (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 § acts:saved-54 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.