N.J. Stat. § 2A:50-62

Current through L. 2024, c. 87.
Section 2A:50-62 - Nonapplicability of act

The provisions of sections 1 through 9 of this act shall not apply to the foreclosure of a non-residential mortgage nor to collection of the obligation by means other than enforcing the lender's lien on the residential property. A lender shall not be required to foreclose a residential mortgage and a non-residential mortgage securing the same obligation in the same proceeding.

N.J.S. § 2A:50-62

L.1995, c.244, s.10.