Partnertax.ai Start free trial

N.J.S.A. § 54:5-71.

Interest computed

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

The resolution may provide that in making calculation of interest, it may be compounded annually, and that fractions of a month may be disregarded by the collector in giving credit in the computation of interest for payments made at irregular dates.

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. 54:5-53.2. · Cancellation of certificate of sale; certificate of…
  2. 54:5-54 · Right of redemption by owner, person having interest
  3. 54:5-54.1 · Redemptions through tax collector's office; exceptions
  4. 54:5-55 · Delivery of certificate of redemption; record
  5. 54:5-57 · Notice to purchaser, payment of redemption moneys
  6. 54:5-57.1 · Unclaimed redemption monies
  7. 54:5-58. · Amount required to redeem
  8. 54:5-59. · Amount required for redemption
  9. 54:5-60. · Amount required if certificate is not held by municipality
  10. 54:5-61. · Holder of tax title entitled to expenses; limitation
  11. 54:5-62. · Conditions for collection of fees, expenses
  12. 54:5-63. · Fee for serving notice upon person having interest in…
  13. 54:5-63.1. · Excessive charges or fees charged by tax sale certificate…
  14. 54:5-64. · Revival and continuance of certain liens
  15. 54:5-65. · Installment redemption; resolution
  16. 54:5-66. · Public notice of installment plan
  17. 54:5-67. · Actions to foreclose redemption and alienations of…
  18. 54:5-68. · Monthly payments; time allowed
  19. 54:5-69. · Form of receipt
  20. 54:5-70. · Final payment; amount included
  21. 54:5-71. · Interest computed
  22. 54:5-72. · Duplicate receipts; inspection
  23. 54:5-73. · Record of payments certified; application; fee
  24. 54:5-74. · Payments credited
  25. 54:5-75. · Installments unpaid; municipality to proceed for balance only
  26. 54:5-76. · Records kept by collector; open to public inspection
  27. 54:5-77. · Municipal action to bar redemption
  28. 54:5-79. · When title void; exception
  29. 54:5-81. · Notice, affidavits and certificate; indexing
  30. 54:5-82. · No action after two years
  31. 54:5-84 · Persons in need of a guardian
  32. 54:5-85. · Construction of article
  33. 54:5-86 · Action by municipality to foreclose right of redemption
  34. 54:5-86.1. · One acquiring title may request municipality to foreclose…
  35. 54:5-86.2. · Foreclosure against omitted party
  36. 54:5-86.3. · Owner as party; jurisdiction; expense
  37. 54:5-87 · Jurisdiction of court; effect of judgment
  38. 54:5-89.1. · Effect of judgment on unrecorded interests; application by…
  39. 54:5-90. · Judgment; failure to redeem; notice posted
  40. 54:5-91. · Unknown owner, claimant defined
Full table of contents →