New Jersey Statutes 46:3-8. Grants of real estate, rents, reversions or remainders without attornment of tenant
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Terms Used In New Jersey Statutes 46:3-8
- Grantor: The person who establishes a trust and places property into it.
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
Every grant or conveyance of real estate or of the rent derived therefrom, or of the reversion or remainder thereof, shall be good and effectual without the attornment of the tenant; but no tenant who, before notice of such grant or conveyance, shall have paid the rent to the grantor, shall be prejudiced or suffer any damage by such payment.