Prohibits common interest communities from penalizing members who place unit into living, revocable trust fund or classifying placement as title transfer.

This bill prohibits homeowners' associations, condominiums, and similar community groups from charging transfer fees when a member places their unit or shares into a living, revocable trust. It clarifies that such trust placement does not count as a "title transfer," preventing associations from imposing membership, transfer, or similar fees typically due when ownership changes hands. Associations may still charge reasonable fees directly tied to administrative costs for processing the trust placement. The law applies immediately to all common interest communities governed by New Jersey's existing rules.