New Jersey Statutes 2A:62-10. Effect of opening or vacating judgment
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In New Jersey Statutes 2A:62-10
- Mortgagee: The person to whom property is mortgaged and who has loaned the money.
- 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
- Plaintiff: The person who files the complaint in a civil lawsuit.
2A:62-10. If the title to the lands which is the subject of the judgment sought to be opened pursuant to N.J.S. 2A:62-8 and N.J.S.2A:62-9, has, by the judgment or in consequence thereof, been conveyed to a purchaser for value or mortgaged to a mortgagee for value, the title shall not be affected by either the opening or vacation of the judgment. The vacation of the judgment shall operate only against the plaintiff named in the judgment, the plaintiff’s heirs, executors, and administrators, to compel compensation to the minor, or incapacitated person to the extent of the value of the plaintiff’s interest in the affected real property at the time the property was so conveyed or mortgaged.
amended 2013, c.103, s.9.