New Jersey Statutes 2A:56-29. Death of commissioner after sale but before deed executed; appointment of administrator to execute and deliver deed
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Terms Used In New Jersey Statutes 2A:56-29
- Deed: The legal instrument used to transfer title in real property from one person to another.
- 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
If, after a sale of real estate by a commissioner or commissioners pursuant to an order of any court, such commissioner or all such commissioners shall die, and the sale shall have been approved by the court and the purchase price paid by the purchaser and a deed shall have been ordered by the court to be executed to the purchaser, the court may, upon the application of and satisfactory proofs by any person interested in such real estate, appoint an administrator, substitutionary or otherwise, to make, execute and deliver the deed to such purchaser.
The court shall, before granting such order, take of the administrator a bond with sufficient sureties and such conditions as the court shall think proper.
L.1951 (1st SS), c.344.