Norris McLaughlin & Marcus, P.A.

Blogs > NJ Real Estate Dispute

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Oct 03, 2016

Intervening In Tax Sale Foreclosures

Many real estate investors attend “tax sales” and buy up tax sale certificates on properties whose owners are behind on their real estate taxes. Municipalities, in order to generate cash flow, will offer to the public the opportunity to bid in at a tax certificate sale on those properties whose taxes are seriously delinquent. Many certificates, depending on the bidding, will pay an attractive rate of interest, sometimes at or around 18%.» Read More

May 21, 2010

The Interstate Land Development Act – Does It Apply to Commercial Developers?

Some laws and statutes develop a “reputation” over the years as applying only to certain industries or activities only because of the manner in which these laws are regularly applied.  This can lull some into a false sense of security that certain laws do not apply to them when, in actuality, they do apply. One of these situations is the application of the Interstate Land Development Act (“ILSA”) to commercial development.» Read More

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