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Current as of January 01, 2024 | Updated by Findlaw Staff
7. Any person having an estate in or lien upon such lands may at any time up to the expiration of six months from the date of the certificate of sale redeem the same by paying to the collector of taxes the amount bid at such sale for the same, with interest thereon at the rate of ten per cent per annum, which sum shall be held by the collector of taxes subject to the order of the purchaser at such sale upon the surrender of the certificate, but without interest; that any person so redeeming such land shall be subrogated to the lien of the town, township, borough or other municipality for the amount paid by him, as against all other persons having any estate in or lien upon said lands, but subject, however, to all existing equities.
Cite this article: FindLaw.com - New Jersey Acts Saved from Repeal ACTS SAVED 54 § 6-5(7) - last updated January 01, 2024 | https://codes.findlaw.com/nj/acts-saved-from-repeal/nj-st-sect-acts-saved-54-6-5-7/
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