Partnertax.ai Start free trial

N.J.S.A. § 54:4-112.

Conditions precedent to compromise settlement

Official textNew Jersey Statutes Annotated (Tax)lis.njleg.state.nj.us
Summarize

No such compromise settlement or adjustment shall be made unless the governing body shall be satisfied either that the property to be conveyed could not readily be sold at a price sufficient to pay and satisfy the amount of such municipal charges or that said municipal charges are illegal in whole or in part, or unless the proceedings taken to levy or enforce the same are at variance with the laws of this state in such case made and provided.

Source: view the official text

Report a problem

What's wrong?

Sent anonymously with this page's citation. No personal information is collected.
In this chapter (40 sections)
  1. 54:4-95. · List of delinquents published; cost charged
  2. 54:4-96. · Taxes exceeding value of realty; adjustment and settlement
  3. 54:4-97. · Settlement of unpaid taxes by city when lien is questioned
  4. 54:4-98. · Action when payment is made; cancellation of record
  5. 54:4-99. · Adjustment of past due taxes and interest charges; lien…
  6. 54:4-100. · Principal sum not to be abated unless market value exceeded
  7. 54:4-101. · Payment required in sixty days
  8. 54:4-102. · Rules and regulations
  9. 54:4-103. · Collection of taxes and assessments in arrears January 1,…
  10. 54:4-104. · Collection of taxes and assessments in arrears January 1,…
  11. 54:4-104.1. · Collection of taxes and assessments in arrears January 1,…
  12. 54:4-104.2. · Collection of taxes and assessments in arrears January 1,…
  13. 54:4-104.3. · Collection of taxes and assessments in arrears, January…
  14. 54:4-105. · Remissions credited on second half of taxes
  15. 54:4-106. · Payment of taxes by receivers and assignees; wage liens…
  16. 54:4-107. · Taxes and assessments for municipal purposes assessed…
  17. 54:4-108. · Assessment and collection of taxes in districts illegally…
  18. 54:4-109. · Property conveyed to municipality to satisfy municipal…
  19. 54:4-110. · "Municipal charges" defined
  20. 54:4-111. · Other rights unimpaired
  21. 54:4-112. · Conditions precedent to compromise settlement
  22. 54:4-113. · Other laws unaffected
  23. 54:4-114. · Conveyance to municipality of unencumbered vacant land in…
  24. 54:4-115. · Method of procedure by municipality
  25. 54:4-116. · Acceptance of deed by municipality
  26. 54:4-117. · When settlement prohibited
  27. 54:4-118. · Not to be at variance with law
  28. 54:4-119. · Owner to pay all expenses
  29. 54:4-120. · "Municipal charges" defined
  30. 54:4-121. · Other laws unaffected
  31. 54:4-121.1. · Poll tax, cancellation of
  32. 54:4-122. · May compromise, adjust or cancel cemetery assessments
  33. 54:4-122.1. · Receipt and custody of municipal tax collections and…
  34. 54:4-122.10. · Office deemed vacant on collector's failure to give bond
  35. 54:4-122.11. · Release of surety on tax collector's bond from future…
  36. 54:4-122.12. · Findings and order of State Board on release from bond
  37. 54:4-122.13. · Rules and regulations
  38. 54:4-122.14. · Application of Act
  39. 54:4-122.2. · Definitions
  40. 54:4-122.3. · Deposit of tax collections and other public moneys in…
Full table of contents →