N.J. Stat. § 2A:50-21: Bar of equity of redemption
Where this section sits in the code
- TITLE 2A ADMINISTRATION OF CIVIL AND CRIMINAL JUSTICE
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.
Collected 2026-08-27T17:54:13Z. Source file · JSON