N.J. Stat. § 54:4-66.11

Current through L. 2024, c. 87.
Section 54:4-66.11 - Immunity from certain liability
a. Notwithstanding any State law or regulation or contract terms to the contrary, no mortgagee or servicing organization shall be entitled to hold a local property owner liable for electing to meet his or her obligations to a local unit by means of a charitable donation and resulting property tax credit made and obtained in conformity with the provisions of P.L. 2018, c. 11(C.54:4-66.6 et al.).
b. Notwithstanding any State law, regulation, agreement, or contract terms to the contrary, no mortgagee shall be entitled to hold a servicing organization liable for complying with the election by a local property owner to meet his or her local real property tax due to a local unit by means of a charitable donation and resulting property tax credit made and obtained in conformity with the provisions of P.L. 2018, c. 11(C.54:4-66.6 et al.), including, but not limited to, actions a servicing organization takes to implement such election in accordance with P.L. 1990, c.69 (C.17:16F-15 et seq.), and in accordance with any other applicable law or regulation.

N.J.S. § 54:4-66.11

Added by L. 2018, c. 11, s. 6, eff. 7/3/2018.