{"data":{"id":"us-nj/n.j.-stat.-2a-50-5","jurisdiction":"us-nj","citation":"N.J. Stat. § 2A:50-5","heading":"Answer in action on bond disputing amount of deficiency as termination of right to redeem;  foreclosure and sale not to be opened","body":"Where an action has been brought for a deficiency as provided by section 2A:50-2 of this Title, and where the party or parties liable for such deficiency shall have answered disputing the amount of the deficiency as provided by section 2A:50-3 of this Title, the effect of such answer shall be to terminate any right to redeem from foreclosure sale as provided by section 2A:50-4 of this Title, and the recovery for the deficiency shall not open the foreclosure and sale of the premises as provided by said section 2A:50-4.\nAmended by L.1979, c. 286, s. 4.","path":["TITLE 2A ADMINISTRATION OF CIVIL AND CRIMINAL JUSTICE"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"3ea17c05d5d2abce40a8ace185d3a3b9d1aaf46de40cfd5c4a684935229364dd","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-2a-50-4","next":"us-nj/n.j.-stat.-2a-50-6"},"notice":"GroundRules: Original legal text. Not legal advice."}