Nature, identity or status of person with whom lease or financial agreement may be made

Checkout our iOS App for a better way to browser and research.

55:17-5. Nature, identity or status of person with whom lease or financial agreement may be made

Limiting and restrictive provisions of any statute otherwise applicable, in respect to the nature, identity or status of any person with whom a lease or financial agreement may be lawfully made shall be applied to the project only, in case of a default or foreclosure, and shall not be applicable to the holder of the mortgage loan.

L.1967, c. 304, s. 5, eff. Feb. 15, 1968.


Download our app to see the most-to-date content.