3B:22-43 - Liability in case of sale or transfer of estate
3B:22-43.Ā Liability in case of sale or transfer of estate
In the event an estate descended or devised to any heir or devisee has beenĀ bona fide sold or transferred prior to the commencement of the action, it shallĀ not be liable for the debt or for any judgment obtained in an action againstĀ him.Ā In that event, if in an action against him the debt be found due, theĀ judgment against him shall be general for the full amount thereof, unless heĀ shall admit in the action the descent or devise of the estate to him,Ā specifically describing it, in which case the judgment shall be general for theĀ amount so found due, but only to the value of the estate descended or devised,Ā and sold or transferred.
L.1981, c. 405, s. 3B:22-43, eff. May 1, 1982.
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In the event an estate descended or devised to any heir or devisee has beenĀ bona fide sold or transferred prior to the commencement of the action, it shallĀ not be liable for the debt or for any judgment obtained in an action againstĀ him.Ā In that event, if in an action against him the debt be found due, theĀ judgment against him shall be general for the full amount thereof, unless heĀ shall admit in the action the descent or devise of the estate to him,Ā specifically describing it, in which case the judgment shall be general for theĀ amount so found due, but only to the value of the estate descended or devised,Ā and sold or transferred.
L.1981, c. 405, s. 3B:22-43, eff. May 1, 1982.
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