Encourages timely recording of residential deeds.

This bill requires residential property buyers to record deeds within 90 days of receiving them, imposing a $10 daily late fee (capped at $500) if they miss the deadline. It directly affects homebuyers who delay recording deeds, with exceptions for county office closures, escrow delays, or agent errors (where the fee applies to the agent, not the buyer). Late fee proceeds must fund county homelessness housing programs. The fee applies to properties classified as residential under New Jersey law, excluding state entities and certain farm properties. The bill aims to streamline property records while directing revenue toward housing assistance.