Actions to foreclose redemption and alienations of certificate suspended

New Jersey Statutes Annotated

Section: 54:5-67.

Jurisdiction: NJ

Bluebook Citation: N.J.S.A. 54:5-67

The resolution may provide for the suspension pending such redemption of any action by the municipality to cut off or foreclose the right of redemption, or to assign, transfer or alienate the tax title held by the municipality, if the installment payments are regularly and promptly made in accordance with the schedule provided in the resolution.

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