Bill
Bill > S1741
summary
Introduced
In Committee
Crossed Over
Passed
Dead
Introduced Session
2010-2011 Regular Session
Bill Summary
Under current law, public officers or other persons authorized or required by statute or court order to make a sale of real estate must advertise the time and place of the sale in the sheriffs office of the county where the real estate is located, as well as on the premises to be sold. The person also must publish notice of the sale four times, once a week for four consecutive weeks, in two newspapers as follows: (1) in two newspapers printed and published in the county where the real estate to be sold is located, one of which is published at the county seat or in the municipality with the largest population in the county; (2) if there is only one daily newspaper printed and published in the county, in one newspaper printed and published in the county and in one newspaper circulating in the county; (3) if there is no daily newspaper published in the county, then in one newspaper published at the county seat and in one newspaper circulating in the county; or (4) if no newspapers are printed and published in the county, then in two newspapers circulating in the county. To further legitimize the publishing of newsprint, this bill removes the third option of publishing the notice in a newspaper published at the county seat and in a newspaper circulating in the county if there is no daily newspaper published in the county.
AI Summary
This bill amends existing law regarding the publication of notices for real estate sales conducted by sheriffs, executors, guardians, and other authorized officials. Currently, such sales require public notice posted at the sheriff's office and at the property, along with publication in newspapers. The bill specifically removes one of the options for newspaper publication: when no daily newspaper is published in the county, the notice will no longer be permitted to be published in one newspaper at the county seat and another circulating in the county. This change aims to standardize and potentially legitimize the process of publicizing these important real estate transactions.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Substituted by A584 (1R) (on 06/28/2010)
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| Reprint | https://www.njleg.state.nj.us/2010/Bills/S2000/1741_R1.HTM | 05/29/2012 |
| Bill | https://www.njleg.state.nj.us/2010/Bills/S2000/1741_I1.HTM | 05/28/2012 |
| Statement SBA 6/23/10 | https://www.njleg.state.nj.us/2010/Bills/S2000/1741_S1.HTM | 04/23/2012 |
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