New Jersey Statutes
§ 17:16C-39.1 — Real property mortgage as additional security; prohibition
New Jersey § 17:16C-39.1
JurisdictionNew Jersey
Title 17CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
This text of New Jersey § 17:16C-39.1 (Real property mortgage as additional security; prohibition) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.J. Stat. Ann. § 17:16C-39.1 (2026).
Text
No retail installment contract, retail charge account or separate instrument executed in connection therewith shall contain any provision whereby the retail seller, sales finance company or holder takes a real property mortgage as additional security in connection with a retail sale. Any such provision shall be void and unenforceable. L.1981, c. 324, s. 2, eff. Dec. 9, 1981.
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Nearby Sections
15
§ 17:16C-1
Definitions§ 17:16C-101
Action to recover amount paid§ 17:16C-102
Violations by home repair contractor§ 17:16C-11
Suspension, revocation or refusal to renew particular license or all licenses issued to licensee§ 17:16C-15
Investigations by commissioner§ 17:16C-18
Maintenance of books, accounts and records.§ 17:16C-2
Necessity of licenseCite This Page — Counsel Stack
Bluebook (online)
New Jersey § 17:16C-39.1, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/17%3A16C-39.1.