New Jersey Statutes
§ 2A:50-1 — No personal deficiency judgment in foreclosure actions or execution thereon for balance due
New Jersey·Title 2A ADMINISTRATION OF CIVIL AND CRIMINAL JUSTICE
No judgment shall be rendered in any action to foreclose a mortgage for any balance which may be due plaintiff over and above the proceeds of the sale of the mortgaged property, and no execution shall issue therein for the collection of any such balance.
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New Jersey § 2A:50-1 (No personal deficiency judgment in foreclosure actions or execution thereon for balance due) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 2A:50-1
No personal deficiency judgment in foreclosure actions or execution thereon for balance due§ 2A:50-10
Record of notice§ 2A:50-12
Prior judgments by confession validated§ 2A:50-14
Validation of sales where cestuis que trustent not made parties to foreclosure proceedings§ 2A:50-2.2
Agreement to waive rights; invalidity§ 2A:50-2.3
Application of act