New Jersey S276 requires limited liability companies to disclose ownership information when submitting a deed for recording.
New Jersey S276 mandates that limited liability companies or foreign limited liability companies disclose the registered agent's name and business address when filing a deed for residential real property containing one to two dwelling units or a multiple dwelling. If the registered agent is not a member of the company, an affidavit identifying at least one member must also be appended to the deed. This bill enhances transparency in real estate transfers and amends existing laws to include these disclosure requirements.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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