15. No exemption or abatement shall be granted, or tax agreement entered into, pursuant to this act with respect to any property for which property taxes are delinquent or remain unpaid, or for which penalties for nonpayment of taxes are due.
N.J. Stat. Ann. § 40A:21-15
Ineligible properties for unpaid or delinquent taxes
Known as the Five-Year Exemption and Abatement Law
The act spans §§ 40A:21-1 to 40A:21-9 (23 sections).
L.1991,c.441,s.15.
Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.