Skip to main content
THIS SITE
PREVIOUS SECTION Go back to sections Go back to the chapter Go back to the N.J. Statutes homepage NEXT SECTION


New Jersey Statutes, Title: 2A, ADMINISTRATION OF CIVIL AND CRIMINAL JUSTICE

    Chapter 50: No personal deficiency judgment in foreclosure actions or execution thereon for balance due

      Section: 2A:50-50: Judgment on foreclosure for failure to procure insurance or pay insurance premiums; no merger; lien of mortgage continued

           The judgment in a foreclosure proceeding under authority of section 2A:50-49 of this title shall adjudge that the mortgage shall not be deemed to be merged therein, but shall remain in full force and effect as security for the principal sum due thereon and accrued interest.

L.1951 (1st SS), c.344.



This section added to the Rutgers Database: 2013-06-10 16:36:30.






Older versions of 2a:50-50 (if available):



Court decisions that cite this statute: CLICK HERE.