|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: 3B, ADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS
Chapter 28: Estates of dower and curtesy prior to May 28, 1980.
Section: 3B:28-3.1: Joint occupancy of principal matrimonial residence; mortgage lien.
3B:28-3.1. Joint occupancy of principal matrimonial residence; mortgage lien. The right of joint possession to the principal matrimonial residence as provided in N.J.S.3B:28-3 is subject to the lien of a mortgage, irrespective of the date when the mortgage is recorded, provided:
a. The mortgage is placed upon the matrimonial residence prior to the time that title to the residence was acquired by the married individual; or
b. The mortgage is placed upon the matrimonial residence prior to the marriage; or
c. The mortgage is a purchase money mortgage; or
d. The parties to the marriage have joined in the mortgage; or
e. The right of joint possession has been subordinated, released or extinguished by subsection b. or c. of N.J.S.3B:28-3.
Amended 2004, c.132, s.92; 2005, c.160, s.22.
This section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 3b:28-3.1 (if available):
Court decisions that cite this statute: