New Jersey § 54:4-2.9 Proportionate cancellation on termination of leasehold estate

New Jersey Statutes

§ 54:4-2.9 — Proportionate cancellation on termination of leasehold estate

New Jersey § 54:4-2.9

Title 54TAXATION

This text of New Jersey § 54:4-2.9 (Proportionate cancellation on termination of leasehold estate) 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. § 54:4-2.9 (2026).

Text

Any lessee or his assignee whose estate is terminated prior to the term granted by the lessor, upon presentation to the governing body of the municipality of proof of the cancellation by said lessor of said lease and of the surrender of his possession thereunder, shall be entitled to a proportionate cancellation of the assessment and to the refund of taxes paid on the portion of the assessment so canceled. L.1949, c. 177, p. 567, s. 7.

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Any lessee or his assignee whose estate is terminated prior to the term granted by the lessor, upon presentation to the governing body of the municipality of proof of the cancellation by said lessor of said lease and of the surrender of his possession thereunder, shall be entitled to a proportionate cancellation of the assessment and to the refund of taxes paid on the portion of the assessment so canceled. L.1949, c. 177, p. 567, s. 7.