Property Ownership
In NJ, a judgment entered against a property owner by a court automatically becomes a lien on the owner's real property in the county when it is:
AFiled with the NJREC
BDocketed with the Superior Court Clerk in the county where the property is located✓ Correct
CServed on the property owner
DRecorded with the county assessor
Explanation
In NJ, a money judgment becomes a lien on all real property owned by the judgment debtor in a county when the judgment is docketed with the Superior Court Clerk of that county.
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Key Terms to Know
Lien
A financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
DeedA written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
EasementA non-possessory right to use another person's land for a specific purpose.
EncumbranceAny claim, lien, charge, or liability attached to real property that affects its value or limits its use.
Math Concepts
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