2A:40-4 - Transfer of property on gaming consideration to vest title in heirs or representatives of transferor
2A:40-4.Ā Transfer of property on gaming consideration to vest title in heirs or representatives of transferor
If any sale, conveyance, lease or mortgage of either real or personal estateĀ as is made void by section 2A:40-3 of this title shall be made, the same shallĀ inure to the use of the heirs or legal representatives of the vendor, lessor orĀ mortgagor, and shall vest the whole estate and interest so attempted to beĀ transferred in such property, to all intents and purposes, in such heirs orĀ legal representatives in the same manner as though the vendor, bargainor,Ā lessor or mortgagor had died intestate.Ā All conveyances or other devices madeĀ to evade this section shall be utterly void.
Ā
L.1951 (1st SS), c.344.
If any sale, conveyance, lease or mortgage of either real or personal estateĀ as is made void by section 2A:40-3 of this title shall be made, the same shallĀ inure to the use of the heirs or legal representatives of the vendor, lessor orĀ mortgagor, and shall vest the whole estate and interest so attempted to beĀ transferred in such property, to all intents and purposes, in such heirs orĀ legal representatives in the same manner as though the vendor, bargainor,Ā lessor or mortgagor had died intestate.Ā All conveyances or other devices madeĀ to evade this section shall be utterly void.
Ā
L.1951 (1st SS), c.344.