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

This bill requires limited liability companies (LLCs) to disclose ownership details when purchasing residential rental properties with one to two units or multiple dwellings. Specifically, LLCs must submit an affidavit with the registered agent's contact information and each beneficial owner's full name, date of birth, business address, and a unique ID number (e.g., driver's license or passport number). The disclosure must accompany the property deed at the time of recording with county offices. This applies to both domestic and foreign LLCs buying such rental properties in New Jersey. The requirement aligns with federal standards for identifying beneficial ownership under 31 U.S.C. §5336(a)(3).