New Jersey § acts:saved-54 - (41)

§ acts:saved-54. (41)

1. Whenever any person shall desire to redeem any lands and real estate, sold under

and by virtue of the provisions of the act to which this is a supplement, and the

acts supplementary thereto and amendatory thereof, every such person shall, in addition

to the payments now provided by law, pay, when approved by the mayor, as required

in section five of a supplement to the act to which this is a supplement, approved

April fifth, one thousand eight hundred and ninety-two, to the purchaser of said lands

and real estate, or to his assignee in case of assignment, or to the city for the

use of said purchaser, all the costs and expenses necessarily incurred in ascertaining

the owner or owners, mortgagee or mortgagees, owning or having a mortgage upon said

lands and real estate, including fees for searching, to make such ascertainment, at

the rates allowed by law to the clerks and registers of deeds for like services, but

not including counsel or attorney fees; provided, however, that no search fee shall

be demanded, allowed, approved or required to be paid in excess of the sum of twenty-five

dollars for any lot, plot, or tract sold as one parcel, although said parcel may actually

contain one or more lots of land; and that whenever the owner of lands and premises

sold under and by virtue of said act to which this is a supplement, or any supplement

thereto or act amendatory thereof, shall tender to or deposit with the comptroller,

or other financial officer of any city of this state having such matters in charge,

for the use of said city or other purchaser, the amount due for any assessment or

tax, and interest thereon, together with the amount of the costs necessarily incurred

as aforesaid, the said assessment or tax, as the case may be, shall at once be canceled

by the proper officer of the city, upon the production of the certificate of sale

issued to the purchaser, or a satisfactory bond of indemnity in case of loss of said

certificates; and provided further, that upon the redemption of any such land and

real estate, no purchaser or assignee shall be allowed any search fees who has not

then filed with the city clerk of the city in which said lands are situate, an abstract

of the search thus necessarily made, duly certified, together with a statement of

the costs thereof and the number of books examined in making said search; and provided

further, that the certificate of any incorporated company engaged in the business

of examining titles and guaranteeing the same, certifying the names of the owners

and mortgagees of any property sold under the provisions of the act to which this

is a supplement, together with a statement of the fees paid for the same, may be filed

with the said clerk, without any abstract of the search made by such company, or statement

of the number of books examined by it in ascertaining the names of said owners and

mortgagees, and such fees for the certificate of such company shall be paid by the

person redeeming such property before redemption thereof; and provided further, that

any person redeeming lands and real estate sold under the provisions of the act to

which this is a supplement, or any act supplemental thereto or amendatory thereof,

shall be entitled to such search or such certificate so filed as aforesaid.