The borough had no obligation under N.J.S.A. 20:3-6 to negotiate with the assignee of the mortgagee that had obtained a judgment of foreclosure on the subject property, but only with the property owner of record.
N.J. SUPERIOR COURT, APPELLATE DIVISION
Borough of Merchantville v. Malik & Son, L.L.C.
New Jersey Law Journal
February 7, 2013