2016 New Jersey Revised Statutes
Title 54 - Taxation
Section 54:5-75 - Installments Unpaid; Municipality To Proceed For Balance Only

NJ Rev Stat § 54:5-75 (2016) What's This?

54:5-75. Installments unpaid; municipality to proceed for balance only
If an installment is not paid when due, or redemption is not completed within the time fixed in the resolution, the municipality, in any subsequent proceedings to enforce or foreclose the tax sale lien, or sell, assign, transfer or alienate it, shall proceed only for the unpaid balance after proper credit of such installment payments as were made.


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