New Jersey Statutes 2A:50-24. Determination of fair value as prima facie evidence
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Terms Used In New Jersey Statutes 2A:50-24
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
In any action specified in section 2A:50-22 of this title wherein the fair value of the mortgaged premises is in issue and such fair value has been determined in any prior action or proceeding, such determination shall be prima facie evidence of such fair value.
L.1951 (1st SS), c.344.