Bill

Bill > A3828


NJ A3828

NJ A3828
Enhances protections against fraudulent deed recordings.


summary

Introduced
06/02/2016
In Committee
05/01/2017
Crossed Over
03/16/2017
Passed
Dead
01/08/2018

Introduced Session

2016-2017 Regular Session

Bill Summary

This bill enhances protections against fraudulent deed recordings by requiring the county recording officer to notify the transferor any time a deed transfer is being recorded for his or her property. To facilitate this requirement, the bill directs the recording officer to accept and retain a submission from a property owner of his or her preferred mailing address or e-mail address, or both. The "county recording officer" is also known as the "register of deeds and mortgages" in some counties, and the "county clerk" in the others. To further enhance protections against fraudulent deed recordings, this bill also requires the person recording the deed to submit an affidavit of title as a prerequisite to the actual deed recording. The bill allows the county recording officer to collect an additional $2 in addition to existing recording fees 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 deed recordings by requiring the county recording officer (also known as the register of deeds and mortgages or county clerk) to notify the transferor whenever a deed transfer is being recorded for their property. To facilitate this requirement, the bill allows property owners to submit their preferred mailing address or email address to the recording office, which the office must retain with the deed. Additionally, the bill requires the person recording the deed to submit an affidavit of title as a prerequisite to the actual deed recording. To offset the cost of the notification requirement, the bill allows the recording officer to collect an additional $2 fee per deed recording. The bill takes effect on the first day of the third month following enactment to allow recording offices to adjust their fees.

Committee Categories

Housing and Urban Affairs

Sponsors (11)

Last Action

Received in the Senate, Referred to Senate Community and Urban Affairs Committee (on 05/01/2017)

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