New Jersey Statutes 54:5-65. Installment redemption; resolution
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Terms Used In New Jersey Statutes 54:5-65
- Lien: A claim against real or personal property in satisfaction of a debt.
A municipality holding a tax sale lien may provide by resolution, general or special, as to any one or more specific parcels of property, for the redemption of the lien by installment payments. The resolution may be amended, altered or supplemented from time to time.