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Current as of January 01, 2024 | Updated by Findlaw Staff
15. Any holder of a lien by way of mortgage or otherwise may pay any installment of any tax, or tax sale certificate, assessment, including any installment of arrears extended under this act, at any time after the same has been assessed or levied upon filing with the collecting officer a certificate stating his name and address and lien, and shall then be entitled to add to the amount of his lien, the sum so paid with interest thereon from the date of payment; but in such case if the owner or any other prior party in interest shall thereafter pay the same to the collecting officer, the latter shall give a special receipt for such payment, and shall immediately notify the lienholder who made the first payment thereof; and said lienholder shall be entitled to receive from the collecting officer the amount of such payment with such additional interest as may be collected from the owner or any other prior party in interest; and all further rights of such lienholder under such payment shall immediately cease.
Cite this article: FindLaw.com - New Jersey Acts Saved from Repeal ACTS SAVED 54 § 4-104.3(66) - last updated January 01, 2024 | https://codes.findlaw.com/nj/acts-saved-from-repeal/nj-st-sect-acts-saved-54-4-104-3-66/
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