New Jersey Statutes
§ 54:5-122 — Release of obligation to collect taxes, etc.; exemption from taxation
New Jersey § 54:5-122
JurisdictionNew Jersey
Title 54TAXATION
This text of New Jersey § 54:5-122 (Release of obligation to collect taxes, etc.; exemption from taxation) 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. § 54:5-122 (2026).
Text
Any conveyance or transfer made in pursuance of this act shall release the municipality from its obligation to collect any taxes, assessments or other municipal charges which may be a lien upon such lands, and such lands shall thereafter be exempt from taxation as long as the title thereto is vested in the State of New Jersey. L.1940, c. 73, s. 2.
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Nearby Sections
15
§ 54:5-1
Short title§ 54:5-104.100
Conveyance of outstanding interest against certain residential realty; payment; action to compel conveyance§ 54:5-104.101
Applicability of law§ 54:5-104.102
Benefits and disabilities; application to successors in interest; agreements to defeat operation of Act§ 54:5-104.103
Definition of phrase "thought to be owned"§ 54:5-104.29
Short title§ 54:5-104.33
No personal judgment shall be entered§ 54:5-104.35
Resolution by governing body§ 54:5-104.36
Jurisdiction§ 54:5-104.37
Fees to be paid on institution of action§ 54:5-104.41
Complaint to be filed with tax collector; county recording officer and Attorney-General§ 54:5-104.42
NoticeCite This Page — Counsel Stack
Bluebook (online)
New Jersey § 54:5-122, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/54/54%3A5-122.