A 1233 New Jersey General Assembly · 2024-2025 Regular Session

Requires limited liability company to disclose ownership information when submitting deed for recording.

This bill requires limited liability companies (LLCs) purchasing residential rental properties with one or two units to disclose their registered agent's name and business address when recording deeds. If the registered agent isn't a company member, the LLC must also provide the name of at least one member. The requirement applies to both domestic and foreign LLCs and affects deed submissions at county recording offices. It mandates these disclosures specifically for residential rental properties, not all real estate transactions.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024 Last action Jan 5, 2026
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Full legislative history

Actions timeline

Total actions
2
Key actions
1
Committee
1
Jan 5, 2026
Lower · Passed
Reported out of Assembly Committee with Amendments, 2nd Reading
lower
Jan 9, 2024
Introduced
Introduced in the Assembly, Referred to Assembly Commerce, Economic Development and Agriculture Committee
lower
1 primary · 1 co-sponsor

Sponsors