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 total) for delays beyond that period. Exceptions include county office closures on the 90th day, deeds held in escrow, and agent-caused delays (where the agent pays, not the buyer). Proceeds from these fees will fund New Jersey’s homelessness housing trust. The fee does not apply to state entities or residential transfers in escrow.