What rights does a municipality have until a property is redeemed?

Prepare for the New Jersey Tax Collector Exam. Engage with multiple choice questions and learn with detailed explanations and hints. Boost your confidence for success!

A municipality has the right to collect rents from a property until it is redeemed following a tax sale. This means that if the property is generating income, such as rental payments, the municipality can rightfully claim those rents as part of its efforts to recoup the taxes owed. This is a critical aspect of property rights post-tax sale, as it ensures that the municipality has a vested interest in the property until the owner fulfills their obligation by redeeming the property.

While selling the property or demolishing it may seem like possible rights, those actions typically require additional processes and are generally not rights retained merely by the fact that the property is still in tax sale status. Therefore, the correct understanding revolves around the entitlement to rents, which helps support the municipality’s financial recovery from unpaid taxes while the redemption period is still open.

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