New Jersey § acts:saved-54 - (8)
Full text of New Jersey New Jersey Statutes § acts:saved-54 — (8), with citation guidance and answers to common questions.
§ acts:saved-54. (8)
8. Any person or persons having an estate in, or mortgage upon, any lands and premises
sold in pursuance of the fourth section of this act, whose estate or lien appears
of record in the county, may at any time before the expiration of six months after
notice shall have been given to him of such sale by the purchaser, his heirs or assigns,
in the manner hereinafter provided, or before a deed of said premises shall have been
delivered, as provided in this act, redeem said lands and premises by paying to the
treasurer of the town for the use of the purchaser, his heirs or assigns, the sum
paid by him at such sale, with interest at the rate of ten per cent per annum from
the date of the sale, and one dollar for each notice served as hereinafter provided,
and 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, and all the cost
and expense necessarily incurred by the purchaser, his heirs or assigns, in proceedings
taken for the purpose of perfecting title thereto and for searches at the rates allowed
by law to county clerks and registers of deeds for like services; provided, however,
that the amount of such cost and expense shall be first approved by the mayor of the
town, or if there be no mayor, by the chairman of the town council thereof; provided,
a notice of such payments shall have been filed in the office of the town treasurer;
and upon such redemption the treasurer of the town shall pay to purchaser, his heirs
or assigns, the amount received from the persons redeeming; such notice shall be
in writing and shall be served by the purchaser of the property or his agent on said
owner or mortgagee, either personally or by leaving the same at his place of abode
with a member of his family above the age of fourteen years; in case such owner or
mortgagee is a nonresident or his residence cannot, upon due inquiry, be ascertained,
then the notice may be served by publishing the same in a newspaper published in the
county in which such town is situated and circulating in the town, for a period of
six weeks, at least once in each week, and depositing a copy of such notice, within
twenty days after its first publication, in the post office of the town, inclosed
in a wrapper, postpaid, directed to such owner or mortgagee at his or her last known
post-office address, if the same can be ascertained; inquiry for the residence or
post-office address of such owner or mortgagee shall be made by the purchaser or his
agent upon the lands purchased at the sale, if they are occupied, and wherever else
in the town the same may be likely to be ascertained, and also by an examination of
the record of the deed or mortgage on account of which such notice is given; an affidavit
shall be made by the purchaser or his agent setting forth the manner and particulars
of the service, and in case the same is made by publication setting forth what inquiry
was made to ascertain the residence and post-office address of such owner or mortgagee,
and in such case an affidavit of the publication shall also be made by the person
publishing such newspaper, or by some one in his employ having cognizance of the publication,
stating the particulars thereof; and the affidavit or affidavits shall be filed in
the office of the town clerk of the town within one month after the date of service,
and shall be prima facie evidence in all courts and places of the facts therein stated;
the purchaser shall be entitled to the possession of said lands immediately upon giving
such notice to the owner thereof, in case the same are unoccupied, or if they are
occupied, then within thirty days thereafter; and he shall have the same remedy,
by writ of assistance or otherwise, in the circuit court of the county in which the
town is situate, or in the court of chancery, for the recovery of the possession of
said lands as the purchaser of mortgaged premises at the foreclosure sale is now or
may hereafter be entitled to by any law or practice of this state; provided, however,
that if any estate in any of the said lands shall be held by any heir or devisee of
a decedent whose estate appears of record in the county, or if any mortgage or lease
shall be held by the executor or administrator of any decedent whose mortgage or lease
appears of record in the county, such heir, devisee, executor or administrator shall
be entitled to redeem and to have notice as aforesaid, before the purchaser shall
be entitled to the possession of the lands; and provided, also, that the records
and schedules of all sales made under this act shall be filed and kept in the same
offices of the several towns wherein records of tax sales are now by law required
to be kept.
Frequently Asked Questions About New Jersey § acts:saved-54
What does New Jersey Statutes § acts:saved-54 cover?
Section acts:saved-54 ("(8)") 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.