40:37-124. Redemption of property sold
101 words·~1 min read·
/nj/title-40/chapter-37/40-37-124A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The owner of any real estate so sold, his legal representatives, or any mortgagee or judgment creditor, having a legal or equitable interest therein may, within the time prescribed by section 40:37-125 of this title, redeem the property from the lien so imposed by paying to the commission, for the benefit of the purchaser, his heirs or assigns, the amount originally paid by the purchaser plus any tax or assessment paid by him and of which he may have given written notice to the commission, together with interest on all such payments at the rate of ten per cent per annum.