55:19-95 - Granting of title to municipality, authorization to sell - New Jersey Statutes

55:19-95.  Granting of title to municipality, authorization to sell
18.  If the owner fails to petition for the reinstatement of control and possession of the property within 30 days after the entity in possession has filed a Notice of Completion or in any event within two years after the initial grant of possession, or if the owner fails to meet any conditions that may be set by the court in  granting  a reinstatement  petition filed  pursuant to section 15 of P.L.2003, c.210 (C.55:19-92), upon petition from the entity in possession, the court may grant the municipality title or authorize the municipality to sell the property, subject to the provisions of section 19 of P.L.2003, c.210 (C.55:19-96).

L.2003,c.210,s.18.