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Current as of January 01, 2024 | Updated by Findlaw Staff
When a devise charged by will upon real estate is wholly or in part limited over:
a. To minors, persons who are incapacitated, or persons not in esse; or
b. To persons who cannot be ascertained until the happening of an event named in the will; or
c. In a manner that the vesting of the devise may be contingent--
The Superior Court may, in a summary or other action by the executor, or a person interested in the real estate, direct the devise paid into court together with any additional sums as the court may deem reasonable to cover the expense of investing and taking charge of the devise. Upon payment into court, the real estate shall be wholly clear and discharged from the lien created by the will.
Cite this article: FindLaw.com - New Jersey Statutes Title 3B. Administration of Estates Decedents and Others 3B § 23-39 - last updated January 01, 2024 | https://codes.findlaw.com/nj/title-3b-administration-of-estates-decedents-and-others/nj-st-sect-3b-23-39/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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