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Current as of January 01, 2024 | Updated by Findlaw Staff
15. Any person having a mortgage or other lien or encumbrance upon any land assessed under this act, and who may redeem any such lands that may be sold under the provisions of this act, and who may acquire by such redemption the first lien provided and given in and by the fourteenth section of this act, or the heirs, legal representatives or assigns of any such person so redeeming may, by any appropriate proceeding at law or in equity, enforce against the land and premises redeemed such first lien and payment of the amount paid for the redemption, together with lawful interest thereon, and the cost of the proceedings, and also and as a part of such first lien, any and all sums paid by such redeeming mortgagee or encumbrancer for taxes, assessments and water rates levied and imposed upon the premises redeemed subsequent to such redemption with lawful interest thereon; and such proceedings may be instituted and maintained, either independently of and before, or in connection with, proceedings to enforce payment of the mortgage or other lien or encumbrance held by the person so redeeming, his heirs, legal representatives or assigns.
Cite this article: FindLaw.com - New Jersey Acts Saved from Repeal ACTS SAVED 54 § 6-4(15) - last updated January 01, 2024 | https://codes.findlaw.com/nj/acts-saved-from-repeal/nj-st-sect-acts-saved-54-6-4-15/
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