N.J.S.A. 54:4-116

Acceptance of deed by municipality

54:4-116. Acceptance of deed by municipality The municipality is hereby authorized to close the transaction by the acceptance of a deed of conveyance to the municipality of such vacant land, which must be free and clear of all liens, other than those existing in favor of such municipality by reason of such municipal charges, upon the approval, after advertisement and hearing as aforesaid, of the funding commission.

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This is the verbatim text of N.J.S.A. 54:4-116, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.

N.J.S.A. 54:4-116 — Acceptance of deed by municipality | Kyzer