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Current as of January 01, 2024 | Updated by Findlaw Staff
2. Certificates of sale may be assigned by the purchaser and the said assignment recorded by the officer of the city in charge of the record of outstanding certificate of sale. The execution of such assignment shall be acknowledged in the same manner as deeds are required to be acknowledged. Upon the redemption of any lands or premises sold under the act to which this is a supplement there shall be paid to the purchaser, his heirs or assigns the amount received from the person redeeming upon the surrender of the certificate of sale or proof of the loss thereof. This sum, however, shall only be paid to the owner of record of said certificate. In case any person other than the owner of record makes claim to said redemption money the same shall be retained by the city until the circuit court of the county settles said claim and orders payment made to one of said parties.
Cite this article: FindLaw.com - New Jersey Acts Saved from Repeal ACTS SAVED 54 § 6-1(83) - last updated January 01, 2024 | https://codes.findlaw.com/nj/acts-saved-from-repeal/nj-st-sect-acts-saved-54-6-1-83/
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