New Jersey Revised Statutes § 40:37-125 - Time For Redemption; Declaration Of Sale; Contents; Filing

40:37-125. Time for redemption; declaration of sale; contents; filing
If at the expiration of three years no such redemption as is provided for in section 40:37-124 of this title is made, the commission shall, upon the surrender of the certificate of sale, execute and deliver to the purchaser, his legal representatives or assigns, a declaration of sale executed in the same manner as the certificate of sale. The declaration shall be duly proved or acknowledged and shall state briefly the facts of the assessment, advertisement and sale, giving a short description of the real estate sold, and the term for which it was sold. The declaration of sale shall be recorded in the books of the commission and also in the record of deeds in the office of the proper recording officer of the county, upon the payment of a fee of one dollar in each case. Until the recording of the declaration the time for redeeming such real estate shall remain open, notwithstanding the expiration of the said term.


Section: Previous  40-37-118  40-37-119  40-37-120  40-37-121  40-37-122  40-37-123  40-37-124  40-37-125  40-37-126  40-37-127  40-37-128  40-37-129  40-37-130  40-37-130.1  40-37-130.2  Next

Last modified: October 11, 2016