State Codes and Statutes

State Codes and Statutes

Statutes > New-jersey > Title-54 > Section-54-5 > 54-5-124

54:5-124.  Amount required to redeem
    If the owner, mortgagee, occupant or other person having an interest in such  lands shall redeem the same, he shall pay to the collector or to the collector  of delinquent taxes of such municipality such payments as are required to be  paid under the provisions of chapter five of Title 54 of the Revised Statutes,  and in addition thereto shall reimburse the Board of Conservation and  Development for such sums paid by it to said municipality in lieu of taxes and  for such expenses incurred or expenditures made by said board on account of the  acquisition of such lands.

     L.1940, c. 73, s. 4.