New Jersey Statutes 46:10A-4. Statement of receipt of notice by mortgagor
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Terms Used In New Jersey Statutes 46:10A-4
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Mortgagor: The person who pledges property to a creditor as collateral for a loan and who receives the money.
At or before the closing of the mortgage loan transaction the company issuing the title insurance shall obtain from the mortgagor a statement in writing that he has received the notice required under section 1 of this act.
L.1964, c. 100, s. 2.