Code · New Jersey · Title 20 — Personal Rights and Obligations · Chapter 3

20:3-21. Date of vesting of title

106 words·~1 min read·/nj/title-20/chapter-3/20-3-21

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Title to the property condemned shall vest in the condemnor as of the earliest date of the happening of any of the following events:

(a)Filing and recording the declaration of taking and depositing funds pursuant to sections 17 and 18 of this act;

(b)Filing and recording in the recording office of the report of commissioners and payment of the award;

(c)Filing in the action and recording in the recording office, an agreement between condemnor and condemnee fixing the date as of which title shall vest;

(d)Paying and satisfying of record a final judgment fixing compensation payable hereunder.

L.1971, c. 361, s. 21.