New Jersey Statutes 46:3-5. Alienation of freeholds (statute quia emptores terrarum)
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Terms Used In New Jersey Statutes 46:3-5
- Donee: The recipient of a gift.
- Donor: The person who makes a gift.
- Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
From and after March eighteenth, one thousand seven hundred and ninety-five, any freeholder may give, sell or alien the real estate whereof he is, or at any time shall be, seized in fee simple, or any part thereof, at his pleasure; and such donee, purchaser or alienee shall hold the same free of any tenure or service to the donor, seller or alienor.