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

This bill requires sellers and lenders (secured parties) to give buyers a signed vehicle ownership certificate within 30 days of a sale or loan payoff, with no fee allowed. It also mandates that sellers notify the state within 15 days when a loan is paid off, so the state can update ownership records. Failure to comply is considered an unlawful practice under New Jersey's consumer fraud law, potentially leading to fines up to $20,000 per violation. The bill directly affects used car buyers and lenders by ensuring timely title transfers and preventing hidden fees for this service.