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Current as of January 01, 2024 | Updated by Findlaw Staff
14. When lands assessed under this act shall be redeemed by any person having a mortgage or other lien or encumbrance thereon, the person so redeeming shall hold and retain a first lien on said lands, subject only to taxes and assessments thereafter levied and assessed, to the amount of the sum paid by him to effect such redemption, together with lawful interest thereon, from the time of such payment; and the certificate of the town treasurer, stating the payment and showing what property such payment is intended to redeem, shall be evidence of such redemption and payment.
Cite this article: FindLaw.com - New Jersey Acts Saved from Repeal ACTS SAVED 54 § 6-4(14) - last updated January 01, 2024 | https://codes.findlaw.com/nj/acts-saved-from-repeal/nj-st-sect-acts-saved-54-6-4-14/
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