A 5448 New Jersey General Assembly · 2024-2025 Regular Session

"Uniform Partition of Heirs Property Act"; provides alternative process for handling partition actions filed in court concerning real property with multiple owners, at least one of whom had acquired title from relative.

This bill creates a new process for handling court cases involving property owned by multiple people, specifically when at least one owner inherited the property from a relative. It establishes a special master to determine the property's fair market value, gives other owners the opportunity to buy out those who want to sell, and provides guidelines for when property should be divided physically or sold. The process applies to properties where no agreement exists about division, at least one owner acquired title from a relative, and 20% or more of interests are held by relatives or acquired from relatives. The bill aims to provide a more equitable resolution than the current system by considering factors like sentimental value and practical division. The new process would apply to all such cases filed 30 days after the bill becomes law.
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 17, 2025 Last action May 22, 2025
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
3
Key actions
1
Committee
1
May 8, 2025
Lower · Passed
Reported out of Assembly Committee, 2nd Reading
lower
Mar 17, 2025
Introduced
Introduced in the Assembly, Referred to Assembly Judiciary Committee
lower
2 primary · 1 co-sponsor

Sponsors