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: News : Article #1099
New Deed Recoding Requirement in Age Restricted Communities
by , Published 10/23/2008
<< Browse/Search for Another News ArticleThis new law requires the purchaser or grantee in an age restricted community to certify that the dwelling will be occupied by a person whose age ensures compliance with the federal law. The certification must be on a one page form perscribed by the New Jersey Department of Community Affairs (DCA).
This new law states that no deed shalll be recorded for a property to which an age restriction applies unless the DCA certification mentioned above is signed by the purchaser/grantee and recorded with the deed as an addendum. This recording requirement will be codified as N.J.S.A. 46:15-6.2.
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