Section 54:4-116 - Acceptance of deed by municipality

NJ Rev Stat § 54:4-116 (2019) (N/A)
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54:4-116. Acceptance of deed by municipality

The municipality is hereby authorized to close the transaction by the acceptance of a deed of conveyance to the municipality of such vacant land, which must be free and clear of all liens, other than those existing in favor of such municipality by reason of such municipal charges, upon the approval, after advertisement and hearing as aforesaid, of the funding commission.