40:37-125 - Time for redemption; declaration of sale; contents; filing - New Jersey Statutes

40:37-125.  Time for redemption;  declaration of sale;  contents; filing
    If at the expiration of three years no such redemption as is provided for in  section 40:37-124 of this title is made, the commission shall, upon the surrender of the certificate of sale, execute and deliver to the purchaser, his  legal representatives or assigns, a declaration of sale executed in the same  manner as the certificate of sale.  The declaration shall be duly proved or  acknowledged and shall state briefly the facts of the assessment, advertisement  and sale, giving a short description of the real estate sold, and the term for  which it was sold.  The declaration of sale shall be recorded in the books of  the commission and also in the record of deeds in the office of the proper  recording officer of the county, upon the payment of a fee of one dollar in  each case.  Until the recording of the declaration the time for redeeming such  real estate shall remain open, notwithstanding the expiration of the said  term.