reglab/housing_qa huggingface dataset:
NJ Rev Stat § 2A:50-2.1 (2021)
2021 New Jersey Revised Statutes|Title 2A - Administration of Civil and Criminal Justice|Section 2A:50-2.1 - Time for bringing action on note for deficiency

2A:50-2.1. Time for bringing action on note for deficiency  In the case of a mortgage given to secure a debt evidenced by a note, where foreclosure proceedings are instituted within the time prescribed by the Statute of Limitations, action on the note for any deficiency may be commenced within the 3-month period provided by N.J.S. 2A:50-2, regardless of whether said action would otherwise be barred for lapse of time. L.1979, c. 286, s. 11.
NJ Rev Stat § 2A:50-2.2 (2021)
2021 New Jersey Revised Statutes|Title 2A - Administration of Civil and Criminal Justice|Section 2A:50-2.2 - Agreement to waive rights; invalidity

2A:50-2.2. Agreement to waive rights; invalidity  Any express agreement made or entered into by a borrower at the time of or in connection with the making of or renewal of any loan secured by a mortgage, or thereafter, whereby the borrower agrees to waive the rights, or privileges conferred, upon him by chapter 50 of Title 2A of the New Jersey Statutes shall be void and of no effect. L.1979, c. 286, s. 12.
NJ Rev Stat § 2A:50-2.3 (2021)
2021 New Jersey Revised Statutes|Title 2A - Administration of Civil and Criminal Justice|Section 2A:50-2.3 - Application of act

2A:50-2.3. Application of act  This act shall not apply to proceedings to collect a debt evidenced by a note and secured by a mortgage on real property in the following instances: a. Where the debt secured is for a business or commercial purpose other than a two-family, three-family or four-family residence in which the owner or his immediate family resides; b. Where the mortgaged property is other than a one-family, two-family, three-family or four-family dwelling in which the owner or his immediate family resides at the time of institution of proceedings to collect the debt; c. Where a banking institution, savings and loan association or building and loan association, operating pursuant to State or Federal law, is the lender or his assignee and the mortgage is not the primary security for the debt, as evidenced by (1) the financial condition of one or more persons directly or indirectly liable on the note, or (2) the giving of collateral in addition to the mortgage as security for the debt; d. Where a banking institution, savings and loan association, building and loan association or licensed secondary mortgage lender, operating pursuant to State or Federal law, is the lender, and the mortgage is given to secure payment of a loan evidenced by a note, and where the mortgage so given is subject to the lien or liens of a prior mortgage or mortgages not held by such institution or association or by any holder in which such institution or association has an interest or with which such institution or association has an affiliation. L.1979, c. 286, s. 13. Amended by L.1981, c. 333, s. 1, eff. Dec. 14, 1981.
NJ Rev Stat § 2A:50-2.4 (2021)
2021 New Jersey Revised Statutes|Title 2A - Administration of Civil and Criminal Justice|Section 2A:50-2.4 - Severability

2A:50-2.4. Severability  If any provision or section of this act shall be held to be unconstitutional, said provision or section shall be exscinded and the remainder of the provisions and sections of the act as amended or supplemented shall be and remain valid with the same effect as if said provision so held to be unconstitutional had never been a part of the act. L.1979, c. 286, s. 14.
NJ Rev Stat § 2A:50-3 (2021)
2021 New Jersey Revised Statutes|Title 2A - Administration of Civil and Criminal Justice|Section 2A:50-3 - Answer disputing amount of deficiency; determination of amount

2A:50-3. Answer disputing amount of deficiency; determination of amount  The obligor in any bond or note specified in section 2A:50-2 of this Title, with respect to any bond given after March 29, 1933, and with respect to any note given after the effective date of this amendatory act may file an answer in the action for deficiency, disputing the amount of the deficiency sued for. In that event both parties may introduce evidence as to the fair market value of the mortgaged premises at the time of the sale thereof in the foreclosure action, and the court, with or without a jury, shall determine the amount of such deficiency, by deducting from the debt secured the amount determined as the fair market value of the premises. If all parties to the action shall so agree, the court may accept as the fair market value of the mortgaged premises the value fixed by three appraisers, to be named by agreement of all the parties to the action, which agreement shall be evidenced by a stipulation to be filed in the action. Amended by L.1979, c. 286, s. 2.
NJ Rev Stat § 2A:50-4 (2021)
2021 New Jersey Revised Statutes|Title 2A - Administration of Civil and Criminal Justice|Section 2A:50-4 - Judgment in action on bond as opening foreclosure and sale; right of redemption; time for bringing action to redeem

2A:50-4. Judgment in action on bond as opening foreclosure and sale; right of redemption; time for bringing action to redeem  If, after the foreclosure and sale of mortgaged premises, the person entitled to the debt shall recover a judgment in an action on the bond or note for any balance of debt, such recovery shall open the foreclosure and sale of the premises, and the person against whom the judgment has been recovered may redeem the property by paying the full amount of money for which the judgment in the foreclosure action was granted, with interest to be computed from the date of the judgment in the foreclosure action, and all costs of the action for deficiency, and all reasonable expenses which the purchaser may have incurred in the meantime for taxes, assessments, other prior liens, necessary repairs upon the premises and interest on same, after deducting from the amount thereof such income as the holder may have derived from the possession of the premises, either as rent or otherwise. An action for redemption of the premises shall be brought within 6 months after the entry of the judgment for the balance of the debt. Amended by L.1979, c. 286, s. 3.
NJ Rev Stat § 2A:50-5 (2021)
2021 New Jersey Revised Statutes|Title 2A - Administration of Civil and Criminal Justice|Section 2A:50-5 - Answer in action on bond disputing amount of deficiency as termination of right to redeem; foreclosure and sale not to be opened

2A:50-5. Answer in action on bond disputing amount of deficiency as termination of right to redeem; foreclosure and sale not to be opened  Where an action has been brought for a deficiency as provided by section 2A:50-2 of this Title, and where the party or parties liable for such deficiency shall have answered disputing the amount of the deficiency as provided by section 2A:50-3 of this Title, the effect of such answer shall be to terminate any right to redeem from foreclosure sale as provided by section 2A:50-4 of this Title, and the recovery for the deficiency shall not open the foreclosure and sale of the premises as provided by said section 2A:50-4. Amended by L.1979, c. 286, s. 4.
NJ Rev Stat § 2A:50-6 (2021)
2021 New Jersey Revised Statutes|Title 2A - Administration of Civil and Criminal Justice|Section 2A:50-6 - Bonds; notice of proposed judgment by confession or action on

2A:50-6. Bonds; notice of proposed judgment by confession or action on  No judgment shall be entered by confession on any bond or note where a mortgage on real estate has been or may be given for the same debt or in any action on the bond or note, unless, prior to the entry of the judgment, if by confession, or prior to the commencement of the action, if the proceeding be by action, there shall be filed in the office of the clerk or register of deeds and mortgages as the case may be, of the county, in which the real estate described in the mortgage is situate a written notice of the proposed judgment or action, setting forth the court in which it is proposed to enter the judgment or begin the action, the names of the parties to the bond or note and to the judgment or action, the book and page of the record of the mortgage, together with a description of the real estate described therein. Amended by L.1979, c. 286, s. 5.
NJ Rev Stat § 2A:50-7 (2021)
2021 New Jersey Revised Statutes|Title 2A - Administration of Civil and Criminal Justice|Section 2A:50-7 - Record of notice of proposed judgment by confession or action on bond; fees

2A:50-7. Record of notice of proposed judgment by confession or action on bond; fees  The county clerk or register of deeds and mortgages, as the case may be, shall forthwith record the notice required to be given by section 2A:50-6 of this Title, together with the time of the filing thereof, in the book by him kept for the record of notices of lis pendens. For the filing and recording of such notice the clerk or register shall receive the fees provided by P.L.1965, c. 123, s. 2 (C. 22A:4-4.1), which fees shall be included with the other costs to be taxed and recovered in the judgment or action for deficiency. Amended by L.1979, c. 286, s. 6.
NJ Rev Stat § 2A:50-8 (2021)
2021 New Jersey Revised Statutes|Title 2A - Administration of Civil and Criminal Justice|Section 2A:50-8 - Action on bond where lien or mortgage has been extinguished by foreclosure of prior mortgage

2A:50-8. Action on bond where lien or mortgage has been extinguished by foreclosure of prior mortgage  When any debt is evidenced by a bond or a note and is secured by a mortgage on real property and the lien of the mortgage has been or shall be extinguished by the foreclosure of a prior mortgage and sale of the mortgaged premises, action on the bond or note shall be commenced within 1 year of the sale or, if confirmation was or is required, from the date of confirmation of the sale. All such actions not commenced within said period shall be thereafter completely and forever barred for lapse of time. However, the time during which any application for surplus moneys arising from the foreclosure of such prior mortgage shall be in litigation shall not be taken or computed as part of any such period of 1 year. Amended by L.1979, c. 286, s. 7.
NJ Rev Stat § 2A:50-9 (2021)
2021 New Jersey Revised Statutes|Title 2A - Administration of Civil and Criminal Justice|Section 2A:50-9 - Judgment on bond not to open foreclosure and sale; right of redemption

2A:50-9. Judgment on bond not to open foreclosure and sale; right of redemption  The recovery of a judgment in an action pursuant to section 2A:50-8 shall not open the foreclosure and sale of the mortgaged premises or result in any right of redemption. Amended by L.1979, c. 286, s. 8.
NJ Rev Stat § 2A:50-10 (2021)
2021 New Jersey Revised Statutes|Title 2A - Administration of Civil and Criminal Justice|Section 2A:50-10 - Record of notice

2A:50-10. Record of notice  No judgment shall be entered by confession or in any action upon any bond or note pursuant to section 2A:50-8 unless prior to the entry of the judgment, if by confession, or prior to the commencement of the action on the bond or note, if the proceeding be by action, there shall be filed and recorded in the office of the clerk or register of deeds and mortgages as the case may be, of the county, in which the mortgaged premises are situate, a written notice to the same effect and in the same manner as is required by sections 2A:50-6 and 2A:50-7 of this Title. L.1951 (1st SS), c.344; amended by L.1979, c. 286, s. 9.
NJ Rev Stat § 2A:50-11 (2021)
2021 New Jersey Revised Statutes|Title 2A - Administration of Civil and Criminal Justice|Section 2A:50-11 - Penal sum of bond may be expressed in sum of debt; recovery for true amount

2A:50-11. Penal sum of bond may be expressed in sum of debt; recovery for true amount  Whenever a bond secured by a mortgage shall be given for the same debt, the penal sum of the bond may be expressed in the sum of the debt instead of in a sum double the amount of the debt. In any action upon such bond, recovery may be had for the true amount due including the debt, interest, charges, advances, costs, and any other obligation, secured and evidenced by the terms and conditions of the bond and mortgage, in the same manner and to the same effect as though the penal sum expressed in the bond was double the amount of the debt. L.1951 (1st SS), c.344.
NJ Rev Stat § 2A:50-12 (2021)
2021 New Jersey Revised Statutes|Title 2A - Administration of Civil and Criminal Justice|Section 2A:50-12 - Prior judgments by confession validated

2A:50-12. Prior judgments by confession validated  L.1911, c. 354, p. 740 (R.S. 2:65-8), entitled "A supplement to an act entitled "supplement to an act entitled "an act concerning proceedings on bonds and mortgages given for the same indebtedness and the foreclosure and sale of mortgaged premises thereunder" (which said act was approved March 12, 1880), and which supplement was approved May 28, 1907' " , approved May 2, 1911, saved from repeal. [This act is a validating act as to prior judgments by confession.] L.1951 (1st SS), c.344.
NJ Rev Stat § 2A:50-13 (2021)
2021 New Jersey Revised Statutes|Title 2A - Administration of Civil and Criminal Justice|Section 2A:50-13 - Parties to foreclosure action by trustee or fiduciary

2A:50-13. Parties to foreclosure action by trustee or fiduciary  From and after May 29, 1937, it shall not be necessary to make any cestui que trustent, ward, beneficiary, holder of bonds, certificates, shares or other interests in a mortgage, parties to any action brought by any trustee or fiduciary acting on their behalf to foreclose any mortgage or mortgages in which they may be interested, but any order or judgment entered therein shall be as binding and effective as though they had been made parties to such action. Nothing in this section shall be deemed as indicating that, prior to the above date, it was necessary to make such cestui que trustent and the like parties. L.1951 (1st SS), c.344.
NJ Rev Stat § 2A:50-14 (2021)
2021 New Jersey Revised Statutes|Title 2A - Administration of Civil and Criminal Justice|Section 2A:50-14 - Validation of sales where cestuis que trustent not made parties to foreclosure proceedings

2A:50-14. Validation of sales where cestuis que trustent not made parties to foreclosure proceedings  L.1938, c. 62, p. 168, entitled "An act validating the sale of certain lands, tenements, hereditaments or real estate made under any decree, judgment or order of any court of this state or any execution or other process issued thereon," approved April 4, 1938, saved from repeal. [This section validates sales of real estate where cestuis were not made parties to foreclosure proceedings.] L.1951 (1st SS), c.344.
NJ Rev Stat § 2A:50-15 (2021)
2021 New Jersey Revised Statutes|Title 2A - Administration of Civil and Criminal Justice|Section 2A:50-15 - Parties to foreclosure action against trustee or fiduciary

2A:50-15. Parties to foreclosure action against trustee or fiduciary  It shall not be necessary in any action to foreclose any mortgage or mortgages to join as party or parties defendant any cestui que trust or cestuis que trustent of any interest, right, claim, or title, held in, on or to the mortgaged premises by a trustee or fiduciary for the benefit of such cestui que trust or cestuis que trustent, but any order or judgment entered therein shall be as binding and effective as though they had been made parties to such action. Nothing in this section shall be deemed as indicating that, prior to June 14, 1938, it was necessary to make such cestui que trust and the like parties. L.1951 (1st SS), c.344.
NJ Rev Stat § 2A:50-16 (2021)
2021 New Jersey Revised Statutes|Title 2A - Administration of Civil and Criminal Justice|Section 2A:50-16 - Action on bond secured by mortgage or by ejectment by mortgagee for possession; redemption by mortgagor; satisfaction and discharge of mortgage by court

2A:50-16. Action on bond secured by mortgage or by ejectment by mortgagee for possession; redemption by mortgagor; satisfaction and discharge of mortgage by court  Section 1 of an act entitled "An act concerning mortgages" (revision), approved March 27, 1874 (Rev.1877, p. 701, s. 1; R.S. 2:65-9), saved from repeal. [The provisions of this section are indicated in the above section heading.] L.1951 (1st SS), c.344.
NJ Rev Stat § 2A:50-17 (2021)
2021 New Jersey Revised Statutes|Title 2A - Administration of Civil and Criminal Justice|Section 2A:50-17 - Suit to compel payment of amount due mortgagee or to foreclose equity of redemption; order or decree before hearing of cause

2A:50-17. Suit to compel payment of amount due mortgagee or to foreclose equity of redemption; order or decree before hearing of cause  Section 2 of an act entitled "An act concerning mortgages" (revision), approved March 27, 1874 (Rev.1877, p. 702, s. 2; R.S. 2:65-10), saved from repeal. [The provisions of this section are indicated in the above section heading.] L.1951 (1st SS), c.344.
NJ Rev Stat § 2A:50-18 (2021)
2021 New Jersey Revised Statutes|Title 2A - Administration of Civil and Criminal Justice|Section 2A:50-18 - Exceptions to sections 2A:50-16 and 2A:50-17

2A:50-18. Exceptions to sections 2A:50-16 and 2A:50-17  Section 3 of an act entitled "An act concerning mortgages" (revision), approved March 27, 1874 (Rev.1877, p. 703, s. 3; R.S. 2:65-11), saved from repeal. [The provisions of this section are indicated in the above section heading.] L.1951 (1st SS), c.344.
NJ Rev Stat § 2A:50-19 (2021)
2021 New Jersey Revised Statutes|Title 2A - Administration of Civil and Criminal Justice|Section 2A:50-19 - Sale of mortgaged premises by sheriff or other officer

2A:50-19. Sale of mortgaged premises by sheriff or other officer  In all foreclosure actions the sheriff or other officer directed to sell mortgaged premises shall make such sale and report thereof and execute such conveyance as the court shall order and direct. L.1951 (1st SS), c.344.
NJ Rev Stat § 2A:50-20 (2021)
2021 New Jersey Revised Statutes|Title 2A - Administration of Civil and Criminal Justice|Section 2A:50-20 - Title conveyed by sheriff's deed notwithstanding misnomer of certain defendants

2A:50-20. Title conveyed by sheriff's deed notwithstanding misnomer of certain defendants  R.S. 2:65-13 as am.L.1948, c. 378, p. 1557, s. 3, saved from repeal. [This section provides that the sheriff's deed shall be valid despite the fact that any defendant who may have been made a party defendant in a foreclosure action has been misnamed in his representative capacity, provided that such person was actually named by his own proper name in the proceedings.] L.1951 (1st SS), c.344.
NJ Rev Stat § 2A:50-21 (2021)
2021 New Jersey Revised Statutes|Title 2A - Administration of Civil and Criminal Justice|Section 2A:50-21 - Bar of equity of redemption

2A:50-21. Bar of equity of redemption  If a mortgagee or those holding under him shall be in possession of the real estate specified in the mortgage, or any part thereof, for 20 years after a default of payment by the mortgagor, the right or equity of redemption in the mortgage shall be forever barred. L.1951 (1st SS), c.344.
NJ Rev Stat § 2A:50-22 (2021)
2021 New Jersey Revised Statutes|Title 2A - Administration of Civil and Criminal Justice|Section 2A:50-22 - Action against person assuming payment of mortgage debt

2A:50-22. Action against person assuming payment of mortgage debt  No action to enforce an agreement, express or implied, to assume or guarantee the payment of any mortgage, or of any bond or note secured by a mortgage, shall be maintained against a person making such agreement unless the mortgage shall have been first foreclosed, or extinguished by the foreclosure of a prior mortgage or lien, provided no such action may be maintained unless: a. The person making such agreement was made a party defendant in the foreclosure action, and b. The action is commenced within 3 months from the date of sale, or if confirmation was or is required, from the date of the confirmation of the sale of the mortgaged premises, in the foreclosure action or in the case of the extinguishment of the mortgage lien by the foreclosure of a prior mortgage or lien, then within 12 months from the date of such extinguishment, and c. A notice of intention to bring the action, is filed in the office of the register or the clerk as the case may be, of the county wherein the mortgaged premises are located, before the commencement of the action, and d. The plaintiff shall in his complaint offer to credit upon the indebtedness the fair market value, which shall be specified, of the mortgaged premises as of the date of the sale in the foreclosure suit, in any case where the plaintiff was the purchaser of the mortgaged premises at such sale, and in such case the defendant may contest, in the action, the amount of such fair market value; and e. The plaintiff shall join in the action any and all persons within the jurisdiction of the State of New Jersey alleged to be liable upon the note or as obligors upon the bond and upon any other agreement of assumption of payment of the same note or bond, express or implied, and upon any and all agreements or covenants to pay the same note or bond, or any moneys alleged to be due thereon, as principal, guarantor, surety or otherwise, whether such persons are alleged to be liable directly, indirectly, jointly, severally, or in the alternative. L.1951 (1st SS), c.344; amended by L.1979, c. 286, s. 10.
NJ Rev Stat § 2A:50-23 (2021)
2021 New Jersey Revised Statutes|Title 2A - Administration of Civil and Criminal Justice|Section 2A:50-23 - Retroactive effect

2A:50-23. Retroactive effect  This article shall be applicable to all agreements, express or implied, to assume the payment of any bond secured by a mortgage, whether heretofore or hereafter made. In the case of such agreements heretofore made, the time within which the action may be brought, unless previously barred by any provision of law, shall be not later than 3 months from the date of the accrual of the cause of action. L.1951 (1st SS), c.344.
NJ Rev Stat § 2A:50-24 (2021)
2021 New Jersey Revised Statutes|Title 2A - Administration of Civil and Criminal Justice|Section 2A:50-24 - Determination of fair value as prima facie evidence

2A:50-24. Determination of fair value as prima facie evidence  In any action specified in section 2A:50-22 of this title wherein the fair value of the mortgaged premises is in issue and such fair value has been determined in any prior action or proceeding, such determination shall be prima facie evidence of such fair value. L.1951 (1st SS), c.344.
NJ Rev Stat § 2A:50-25 (2021)
2021 New Jersey Revised Statutes|Title 2A - Administration of Civil and Criminal Justice|Section 2A:50-25 - Determination of rights and interests of parties

2A:50-25. Determination of rights and interests of parties  In any action specified in section 2A:50-22 of this title the court shall by the judgment therein entered determine the respective rights and interests of all of the parties as between themselves and all of the other parties as to primary, secondary and other liability to the plaintiff and as to the direct, or indirect, or alternative liability of any party to any other party. L.1951 (1st SS), c.344.
NJ Rev Stat § 2A:50-26 (2021)
2021 New Jersey Revised Statutes|Title 2A - Administration of Civil and Criminal Justice|Section 2A:50-26 - When provisions of sections 2A:50-6 and 2A:50-7 applicable to action

2A:50-26. When provisions of sections 2A:50-6 and 2A:50-7 applicable to action  Whenever the bringing of any action specified in section 2A:50-22 of this title shall revive the right to redeem the mortgaged premises and shall open the foreclosure and sale of the mortgaged premises, under section 2A:50-4 of this title, the provisions of sections 2A:50-6 and 2A:50-7 of this title shall be applicable to such action. L.1951 (1st SS), c.344.
NJ Rev Stat § 2A:50-27 (2021)
2021 New Jersey Revised Statutes|Title 2A - Administration of Civil and Criminal Justice|Section 2A:50-27 - No provisions of chapter repealed or superseded by article

2A:50-27. No provisions of chapter repealed or superseded by article  Nothing contained in this article shall be deemed to repeal or supersede any of the provisions of this chapter. L.1951 (1st SS), c.344.