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Code · New Jersey · Title 54 — Debtor and Creditor · Chapter 5

54:5-104.103. Definition of phrase "thought to be owned"

103 words·~1 min read·/nj/title-54/chapter-5/54-5-104-103·

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Within the meaning of this act, premises shall be deemed to be "thought to be owned" where an individual or individuals have color of title by virtue of any deed whatsoever, devise, inheritance, or by virtue of a tax sale certificate, if foreclosure proceedings on said certificate have been completed (whether by said individual or individuals or others) and have resulted in a judgment purporting to foreclose the interests named therein, even if said foreclosure proceedings resulting in said judgment are void as against an owner subject to the provisions of this act, or his predecessors in interest.
L.1964, c. 184, s. 4.
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