54:5-43 - If sale set aside;Ā tax refunded to purchaser
54:5-43.Ā If sale set aside;Ā tax refunded to purchaser
If the assessment itself is valid and the tax, assessment or other municipalĀ charge, or any part thereof, is justly due, no sale shall be set aside, exceptĀ on condition that the amount due shall be paid to the municipality for the useĀ of the holder of the certificate of sale by the person applying to set itĀ aside.Ā If the sale shall be set aside, the municipality shall refund to theĀ purchaser the price paid by him on the sale, with lawful interest, upon hisĀ assigning to the municipality the certificate of sale and all his interest inĀ the tax, assessment or other charges and in the municipal lien therefor, andĀ the municipality may readvertise and sell if the municipal lien remains inĀ force.
Ā
If the assessment itself is valid and the tax, assessment or other municipalĀ charge, or any part thereof, is justly due, no sale shall be set aside, exceptĀ on condition that the amount due shall be paid to the municipality for the useĀ of the holder of the certificate of sale by the person applying to set itĀ aside.Ā If the sale shall be set aside, the municipality shall refund to theĀ purchaser the price paid by him on the sale, with lawful interest, upon hisĀ assigning to the municipality the certificate of sale and all his interest inĀ the tax, assessment or other charges and in the municipal lien therefor, andĀ the municipality may readvertise and sell if the municipal lien remains inĀ force.
Ā