Revises tax lien foreclosure process to require return of surplus equity in all circumstances, requires appointment of guardian ad litem for certain persons during foreclosure proceeding.

Summary

The bill revises New Jersey’s tax‑lien foreclosure process so that any surplus equity left after a sale must be returned to the property owner, regardless of circumstances. It also requires the court to appoint a guardian ad litem for certain individuals during the foreclosure proceeding to protect their interests. The changes aim to ensure fairness and protect vulnerable homeowners.

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