Prohibits use or recording of service agreements under certain circumstances.

S 4252 prohibits recording certain service agreements related to residential real estate (1-4 dwelling units) that last more than one year and include specific terms: binding future owners, allowing assignment without owner consent, or creating liens. It makes recording such agreements a crime (fourth degree), requires recording officers to refuse them, and states recorded unlawful agreements don’t bind good-faith purchasers. Property owners can sue to have these agreements declared unenforceable and recover damages, costs, and attorney fees. Key exemptions include home warranties, insurance contracts, homeowners association agreements, and mortgage loans.