S 535 New Jersey Senate · 2024-2025 Regular Session

Eliminates general purpose, supplemental and mansion realty transfer fees.

This bill eliminates three specific fees charged when transferring real estate in New Jersey: the general purpose fee, supplemental fee, and mansion realty transfer fee. It modifies existing law to remove these charges from the recording process for deeds transferring property ownership. The change directly affects property sellers and buyers who would previously have paid these fees when recording property transfers. The bill does not alter other recording fees or create new requirements, solely removing these three fee types from the statutory schedule.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024 Last action Jan 9, 2024
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Jan 9, 2024
Introduced
Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee
upper
1 primary · 0 co-sponsors

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P
Photo of Jon Bramnick
Jon Bramnick
RRepublican
NJ
21