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Session Laws, 1941
Volume 582, Page 941   View pdf image (33K)
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HERBERT R. O'CONOR, GOVERNOR. 941

the property, free and clear of all prior or subsequent
alienations and descents of the property and encumbrances
thereon, except taxes and other municipal liens, accruing
subsequent to the date of sale and public easements to
which the property is subject. If the Collector sold the
property subject to a ground rent, the decree shall vest a
leasehold interest in the plaintiff.

Section 62P. Decree of Court Conclusive. * No applica-
tion shall be thereafter entertained to reopen any final
decree rendered under the provisions of this Act except on
the ground of lack of jurisdiction or fraud in the conduct
of the proceeding to foreclose. If the final decree of the
court foreclosing all rights of redemption is set aside on
the ground of lack of jurisdiction, the amount required to
redeem shall be the amount required by the provisions of
this Act, and in addition thereto, the reasonable value, at
the date the decree is set aside, of all improvements made
on the property by the purchaser and his successors in in-
terest, minus any net income derived from the use of the
property. In arriving at such net income, the value of the
improvements shall not be deducted from the gross income
except to the extent of the excess of the original costs over
the value at the date the judgment is set aside.

Section 62Q. Decree Bars Redemption Only in Property
Described Therein. When a bill of complaint to foreclose
the right of redemption, as provided in this Act, or shall
have been filed, and the plaintiff has described or does de-
scribe the property in said bill in a manner other than that
contained in the certificate of sale, any decree entered bar-
ring the defendant's right to redeem shall bar his interest
in and to all the property described in the decree, and that
property only, provided the description in the decree, the
description in the bill of complaint, and the description in
the certificate of sale are intended to describe the same
property.

Section 62R. Purchaser's Deed. The final decree of
the court shall direct the Collector to prepare and execute
a deed to the holder of the certificate of sale, in fee simple,
or in leasehold, as the case may be, upon payment to the
Collector of the balance of the purchase money, due on ac-
count of the purchase price of the property, together with
all taxes and other municipal liens and interest and penal-
ties thereon accruing subsequent to the date of sale.

Section 62S. Decree Declaring Sale Void. If the final
decree of the court declares the sale void and sets it aside,

 

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Session Laws, 1941
Volume 582, Page 941   View pdf image (33K)   << PREVIOUS  NEXT >>


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