Summit Bank v. Thiel
Supreme Court of New Jersey
1Per curiam
The issue raised in this appeal is whether a real property tax lien constitutes a “lien or encumbrance” within the meaning of N.J.S.A. 2A:61-16. That statute allows a purchaser at a sheriffs sale to be relieved of a bid, before delivery of the deed, if the notice of sale fails to list any lien or encumbrance on the property. A majority in the Appellate Division concluded that a real estate tax lien falls within the scope of the statute and allowed the purchaser to withdraw its bid. The ease is before us by virtue of a dissent in the Appellate Division. R. 2:2-l(a). With two slight…
2Cases cited3 opinions
- Olds v. DonnellySupreme Court of New Jersey · 1997
- Crespo v. StapfSupreme Court of New Jersey · 1992
- Summit Bank v. ThielNew Jersey Superior Court Appellate Division · 1998
3Cited by5 opinions
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- WELLS FARGO BANK, N.A. VS. PAMELA A. YOUNG (F-024551-14, BURLINGTON COUNTY AND STATEWIDE)New Jersey Superior Court Appellate Division · 2019