Clarifies exceptions regarding certain requirements for person seeking to be made party in certain foreclosure actions.

This New Jersey bill (A3465) clarifies who can join foreclosure proceedings when someone acquires property interest below fair market value. It specifies that a property buyer (transferee) may become a party in foreclosure cases if: (1) the seller provides a certified appraisal of the property's fair market value, or (2) the seller knowingly waives the right to an appraisal before selling below market value. Currently, only family relationships or judicial sales were exceptions; this bill adds the appraisal certification pathway. The change applies to cases where property was transferred for less than fair market value after a foreclosure complaint was filed. It does not alter foreclosure rules but clarifies procedural eligibility for certain buyers.