Bill
Bill > S4094
summary
Introduced
02/03/2025
02/03/2025
In Committee
02/03/2025
02/03/2025
Crossed Over
Passed
Dead
Introduced Session
2024-2025 Regular Session
Bill Summary
This bill enhances protections against fraudulent recordings of quitclaim deeds by expressly authorizing a property owner to request notification and a delay in the recording, any time a quitclaim deed is submitted for recording on the owner's property. If a property owner submits this request, the bill requires the county recording officer (officer) to notify the property owner any time a person submits a request to record a quitclaim deed on the owner's property, and to wait to record the quitclaim deed until no less than 10 business days, and not more than 12 business days, have passed following the day when the officer sends the notification. To facilitate the notification requirement, the bill directs the officer to accept and retain a submission from a property owner of the owner's preferred mailing address or e-mail address, or both. A "county recording officer" is also known as the "register of deeds and mortgages" in some counties, and the "county clerk" in the others. A "quitclaim deed" is a form of a deed through which a grantor makes no promises concerning the extent of the present ownership of the property at issue, and no future promises concerning the property at issue, but conveys whatever estate or interest the grantor purports to have in the real property at issue. The bill allows the officer to collect a fee from property owners submitting notification requests to offset the cost of the notification requirement. The bill takes effect on the first day of the third month next following enactment in order to allow recording offices to adjust fees.
AI Summary
This bill enhances protections against fraudulent quitclaim deed recordings by establishing a new notification process for property owners. Under the new law, a property owner can proactively submit their preferred contact information (mailing or email address) to the county recording officer, who will then be required to notify the owner if a quitclaim deed is submitted for recording on their property. When such a notification request is made, the county recording officer must wait between 10 and 12 business days after sending notification before recording the quitclaim deed, giving the property owner time to review and potentially challenge the deed. A quitclaim deed is a type of property transfer document where the grantor makes no guarantees about their ownership rights or the property's condition. The bill allows county recording offices to charge a fee to property owners who submit notification requests to cover the administrative costs of this new process. The law is designed to provide an additional layer of protection against potential deed fraud by giving property owners advance notice and opportunity to investigate suspicious deed recordings. The bill will take effect on the first day of the third month following its enactment, allowing recording offices time to adjust their procedures and fee structures.
Committee Categories
Budget and Finance, Housing and Urban Affairs
Sponsors (1)
Last Action
Senate Community and Urban Affairs Hearing (10:00:00 3/17/2025 Committee Room 1, 1st Floor, State House Annex, Trenton, NJ) (on 03/17/2025)
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/2024/S4094 |
| BillText | https://pub.njleg.gov/Bills/2024/S4500/4094_I1.HTM |
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