Section 54:5-104.32 - In rem proceedings.

NJ Rev Stat § 54:5-104.32 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

54:5-104.32 In rem proceedings.

4. Any municipality or abandoned property certificate holder may proceed, In Rem, pursuant to the provisions of the In Rem Tax Foreclosure Act (1948), P.L.1948, c.96 (C.54:5-104.29 et seq.), similarly to bar rights of redemption, after said certificate has been recorded in the office of the county recording officer. Neither the foreclosure nor the recording of any such judgment or certificate shall be construed to be a sale, transfer, or conveyance of title or interest to the subject property under the provisions of the "Uniform Fraudulent Transfer Act," R.S.25:2-20 et seq.

L.1948, c.96, s.4; amended 1994, c.32, s.15; 2015, c.16, s.4.