N.J.S. § 2A:50-76 Written Notice of Eligibility to Participate

• Library: New Jersey Permanent Statutes
• Edition: 2023
• Currency: Current through L. 2023, c. 194.
• Year: 2023
• Citation: N.J.S. § 2A:50-76

a. A homeowner-borrower shall receive writt...

b. The written notice required pursuant to this section shall be available in both English and Spanish, and shall alert the homeowner-borrower that:

(1) pursuant to subsection b. of section 4 of P.L. 2019, c. 64(C.2A:50-77), obtaining the assistance of a trained foreclosure prevention and default mitigation counselor is a prerequisite to participation in mediation; and

(2) pursuant to subsection c. of section 4 of P.L. 2019, c. 64(C.2A:50-77), the homeowner-borrower is not required to pay any fees in order to participate in mediation.

Cite as N.J.S. § 2A:50-76

History: Amended by L. 2021, c. 36,s. 1, eff. 9/1/2021.

History: Added by L. 2019, c. 64,s. 3, eff. 11/1/2019.