summary
Introduced
01/09/2018
01/09/2018
In Committee
01/09/2018
01/09/2018
Crossed Over
Passed
Dead
01/08/2020
01/08/2020
Introduced Session
2018-2019 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 of these late filing fees will be dedicated to combating homelessness.
Committee Categories
Housing and Urban Affairs
Sponsors (3)
Last Action
Introduced, Referred to Assembly Housing and Community Development Committee (on 01/09/2018)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| BillText | https://www.njleg.state.nj.us/2018/Bills/A2000/1884_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2018/Bills/A2000/1884_I1.PDF |
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