A5289

New Jersey A5289 establishes protections against deed theft by allowing stays in property proceedings during investigations and presuming fraud in.

New Jersey A5289 implements protections against deed theft by allowing government entities to request stays in property proceedings during ongoing investigations into theft or fraud. The bill also creates a rebuttable presumption that a deed transfer was fraudulent if the grantee is an entity beneficially owned by the convicted person. Additionally, the bill mandates stays in proceedings where a criminal complaint for deed theft or fraud is filed against a party, or where a government entity has initiated a civil action or proceeding related to the property.