summary
Introduced
02/10/2020
02/10/2020
In Committee
02/10/2020
02/10/2020
Crossed Over
Passed
Dead
01/11/2022
01/11/2022
Introduced Session
2020-2021 Regular Session
Bill Summary
This bill would encourage purchasers of residential real property to record deeds in a timely fashion. Under the bill, a purchaser that submits a residential deed to the county for recording more than 30 days after the delivery date of the deed will be charged a late filing fee of $10 a day for each day thereafter, up to a cumulative total of $500. The bill dedicates the proceeds of these late filing fees to combatting homelessness.
AI Summary
This bill would encourage purchasers of residential real property to record deeds in a timely fashion. Under the bill, a purchaser who submits a residential deed to the county for recording more than 30 days after the delivery date of the deed will be charged a late filing fee of $10 per day, up to a cumulative total of $500. The proceeds from these late filing fees will be dedicated to combatting homelessness.
Committee Categories
Housing and Urban Affairs
Sponsors (1)
Last Action
Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee (on 02/10/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2020/S1319 |
| BillText | https://www.njleg.state.nj.us/Bills/2020/S1500/1319_I1.HTM |
| Bill | https://www.njleg.state.nj.us/Bills/2020/S1500/1319_I1.PDF |
| BillText | https://www.njleg.state.nj.us/2020/Bills/S1500/1319_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2020/Bills/S1500/1319_I1.PDF |
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