N.J. Stat. § 54:5-57.1

Current through L. 2024, c. 87.
Section 54:5-57.1 - Unclaimed redemption monies

In the event that the owner of a tax lien shall fail to surrender a tax sale certificate within five years of being notified of redemption pursuant to R.S. 54:5-57, the unclaimed redemption monies shall escheat to the municipality. The provisions of this section shall apply to any redemption monies being held by a tax collector on or after the effective date of P.L. 2009, c. 320(C.54:5-20.1 et al.).

N.J.S. § 54:5-57.1

Added by L. 2009, c. 320,s. 13, eff. 1/18/2010.