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New Jersey Statutes, Title: 46, PROPERTY
Chapter 9: Short form mortgage
Section: 46:9-8.3: No outstanding indebtedness
The priority of the lien of a mortgage loan shall not be affected by the fact that there may not have been any outstanding indebtedness at some time or times during the term specified in the mortgage.
L. 1985, c. 353, s. 3, eff. Nov. 9, 1985.
This section added to the Rutgers Database: 2012-09-26 13:37:54.
Older versions of 46:9-8.3 (if available):
Court decisions that cite this statute:
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