New Jersey Statutes
§ 2A:50-2.1 — Time for bringing action on note for deficiency
New Jersey § 2A:50-2.1
JurisdictionNew Jersey
Title 2AADMINISTRATION OF CIVIL AND CRIMINAL JUSTICE
This text of New Jersey § 2A:50-2.1 (Time for bringing action on note for deficiency) 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. § 2A:50-2.1 (2026).
Text
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.
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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 actCite This Page — Counsel Stack
Bluebook (online)
New Jersey § 2A:50-2.1, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/2A%3A50-2.1.