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New Jersey Statutes, Title: 3B, ADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS
Chapter 3: Individuals competent to make a will and appoint a testamentary guardian.
Section: 3B:3-44: Specific devise; right of devisee after sale, condemnation, casualty loss or foreclosure.
3B:3-44. A specific devisee has the right to the remaining specifically devised property in the testator's estate at death and:
a. Any balance of the purchase price (together with any security interest) owing from a purchaser to the testator at death by reason of sale of the property;
b. Any amount of a condemnation award for the taking of the property unpaid at death;
c. Any proceeds unpaid at death on fire or casualty insurance on, or other recovery for injury to, the property; and
d. Property owned by testator at his death as a result of foreclosure, or obtained in lieu of foreclosure, of the security for a specifically devised obligation.
L.1981, c.405, s.3B:3-44, eff. May 1, 1982; amended 2004, c.132, s.37.
This section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 3b:3-44 (if available):
Court decisions that cite this statute: