2021 New Jersey Revised Statutes
Title 2A - Administration of Civil and Criminal Justice
Section 2A:50-21 - Bar of equity of redemption

Universal Citation: NJ Rev Stat § 2A:50-21 (2021)

2A:50-21. Bar of equity of redemption

If a mortgagee or those holding under him shall be in possession of the real estate specified in the mortgage, or any part thereof, for 20 years after a default of payment by the mortgagor, the right or equity of redemption in the mortgage shall be forever barred.

L.1951 (1st SS), c.344.

Disclaimer: These codes may not be the most recent version. New Jersey may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.