Establishes "Uniform Real Property Transfer on Death Act."

This bill establishes New Jersey's version of the "Uniform Real Property Transfer on Death Act," allowing residents 18 or older to transfer real property directly to designated beneficiaries upon their death through a special deed. The key mechanism requires the deed to be recorded with the county clerk before the owner's death, remains revocable anytime during the owner's life, and does not affect the owner's rights to sell or mortgage the property while alive. It explicitly states the transfer won't impact the owner's eligibility for public assistance, creditor claims against the owner's property, or the beneficiary's eligibility for benefits. The bill directly affects New Jersey property owners seeking to bypass probate for real estate transfers.