New Jersey A1233 mandates disclosure of ownership information for limited liability companies when filing a deed for residential rental property.
New Jersey A1233 requires limited liability companies and foreign limited liability companies to disclose the registered agent's name and business address when submitting a deed for recording for residential rental properties with one or two dwelling units. If the registered agent is not a member of the company, the company must also provide an affidavit identifying at least one member. This bill aims to enhance transparency in real estate transfers by ensuring that ownership details are disclosed during the deed recording process.
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