Option to convert to conventional level payment mortgage

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  2. New Jersey Revised Statutes
  3. Property
  4. Option to convert to conventional level payment mortgage

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46:10B-15. Option to convert to conventional level payment mortgage

At any time during the life of the graduated payment mortgage the mortgagor shall have the option without penalty to convert to a conventional level payment mortgage.

L.1979, c. 139, s. 4, eff. July 6, 1979.


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