New Jersey Statutes 2A:50-14. Validation of sales where cestuis que trustent not made parties to foreclosure proceedings
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Terms Used In New Jersey Statutes 2A:50-14
- 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
- State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
L.1938, c. 62, p. 168, entitled “An act validating the sale of certain lands, tenements, hereditaments or real estate made under any decree, judgment or order of any court of this state or any execution or other process issued thereon,” approved April 4, 1938, saved from repeal. [This section validates sales of real estate where cestuis were not made parties to foreclosure proceedings.]
L.1951 (1st SS), c.344.