37. Upon the recording of a certified copy of such judgment in the office of the county recording officer, the plaintiff shall be seized of an estate in fee simple, in the lands described therein, absolute and free and clear of all liens and encumbrances, in accordance with the terms of said judgment. Neither the foreclosure nor the recording of any such judgment or certificate shall be construed to be a sale, transfer or conveyance of title or interest to the subject property under the provisions of the "Uniform Voidable Transactions Act," R.S.25:2-20 et seq.
N.J. Stat. Ann. § 54:5-104.65
Effect of recording judgment
Known as the Uniform Transitional Utility Assessment Act
The act spans §§ 54:10A-1 to 54:8A-99 (2,083 sections).
Applied in 1 court decision — leading case 2435 Plainfield Avenue, Inc. v. Township of Scotch Plains (In Re 2435 Plainfield Avenue, Inc.) (1998)
Most recently applied in 2435 Plainfield Avenue, Inc. v. Township of Scotch Plains (In Re 2435 Plainfield Avenue, Inc.) (August 1998)
L.1948, c.96, s.37; amended 1953, c.51, s.89; 1994, c.32, s.16; 2021, c.92, s.26.
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.