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Code · New Jersey · Title 54 — Debtor and Creditor · Chapter 4

54:4-117. When settlement prohibited

59 words·~1 min read·/nj/title-54/chapter-4/54-4-117

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This method of adjustment and settlement of past-due taxes, assessments and other municipal charges, shall not be undertaken wherein there has been, prior to May twenty-ninth, one thousand nine hundred and thirty-seven, a tax sale or lien for taxes created to any purchaser, except said municipality, and wherein such purchaser holds a valid tax sales certificate covering the land.
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