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

54:5-51 Disposition of certificate of sale; permanent record.

96 words·~1 min read·/nj/title-54/chapter-5/54-5-51

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When the certificate of sale is not made to the municipality, it shall, unless so recorded within three months of the date of sale, be void as against a bona fide purchaser, lessee or mortgagee whose deed, lease or mortgage is recorded before the recording of the certificate. After recording the tax sale certificate, the lien holder shall deliver a copy of the recorded certificate showing the book, page, date, and cost of recording to the tax collector. The tax collector shall maintain the information as a permanent record.
amended 1997, c.190, s.4; 2009, c.320, s.9.
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