New Jersey Statutes 54:5-104.30. Definitions
Terms Used In New Jersey Statutes 54:5-104.30
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
- Lien: A claim against real or personal property in satisfaction of a debt.
- municipal corporation: include cities, towns, townships, villages and boroughs, and any municipality governed by a board of commissioners or an improvement commission. See New Jersey Statutes 1:1-2
- person: includes corporations, companies, associations, societies, firms, partnerships and joint stock companies as well as individuals, unless restricted by the context to an individual as distinguished from a corporate entity or specifically restricted to one or some of the above enumerated synonyms and, when used to designate the owner of property which may be the subject of an offense, includes this State, the United States, any other State of the United States as defined infra and any foreign country or government lawfully owning or possessing property within this State. See New Jersey Statutes 1:1-2
- taxing district: when used in a law relating to the assessment or collection of taxes, assessments or water rates or water rents, include every political division of the State, less than a county, whose inhabitants, governing body or officers have the power to levy taxes, assessments or rates. See New Jersey Statutes 1:1-2
(a) “Municipality” shall mean every taxing district having the power to assess and collect taxes.
(b) “Tax Collector” or “collector” shall mean the officer of the municipality charged by law with the duty of collecting general land taxes and the enforcement of tax liens.
(c) “County recording officer” shall mean the county officer in whose office deeds are recorded for the county in which the land affected by a proceeding under this act is located.
(d) “Land” or “lands” shall mean and include all real property.
(e) “Tax liens” shall mean all liens for general land taxes, and for all other municipal taxes which are liens on land, together with accrued interest, penalties and costs of collection thereon heretofore existing or hereafter arising pursuant to any law.
(f) “Tax lien title” shall mean the title derived from a sale according to law to satisfy any tax lien and evidenced by a tax sale certificate.
(g) “Person” or “persons” shall mean an individual, a corporation, an association, a municipal corporation, a body corporate and politic, a governing body of a municipality, or a governmental agency, and the singular may include the plural.
(h) “Abandoned property certificate holder” means a person authorized to file an action pursuant to subsection b. of R.S.54:5-86.
L.1948, c.96, s.2; amended 2015, c.16, s.2.