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Current as of January 01, 2024 | Updated by Findlaw Staff
Notwithstanding any provision to the contrary in P.L.2003, c. 210 (C.55:19-78 et al.), a court may in its discretion deny a lienholder or mortgage holder of any or all rights or remedies afforded lienholders and mortgage holders under P.L.2003, c. 210 (C.55:19-78 et al.), if the court finds that the owner of a property subject to any of the provisions of P.L.2003, c. 210 (C.55:19-78 et al.) owns or controls more than a 50% interest in, or effective control of, the lienholder or mortgage holder or that the familial or business relationship between the lienholder or mortgage holder and the owner precludes a separate interest on the part of the lienholder or mortgage holder.
Cite this article: FindLaw.com - New Jersey Statutes Title 55. Tenement Houses and Public Housing 55 § 19-99 - last updated January 01, 2024 | https://codes.findlaw.com/nj/title-55-tenement-houses-and-public-housing/nj-st-sect-55-19-99/
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