Requires sellers and secured parties to deliver certificates of ownership to motor vehicle buyers in timely manner.

This New Jersey bill requires car sellers and lenders (secured parties) to provide buyers with a vehicle title certificate within 30 days of the sale or loan payoff, without charging any fee for this service. Sellers and lenders must also file a notice with the state within 15 days to update the vehicle's ownership record. Violating these requirements would be treated as consumer fraud, resulting in fines of up to $10,000 for a first offense and $20,000 for repeat violations, plus potential court orders or triple damages. The law directly affects buyers, sellers, and lenders involved in motor vehicle transactions.