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Updated about 2 months ago, 11/06/2024

User Stats

39
Posts
18
Votes
Paul Clements
18
Votes |
39
Posts

What are the basic mechanics of township notification of sale in NJ?

Paul Clements
Posted

Can someone please let me know the mechanics of the recording process on an owner-financed deal?

We write up a deed and execute the sale. The deed gets recorded at the county level in NJ. Let's assume there is no CO obtained immediately after the sale (will do later after repairs are done), and no township or local-level inspections requested.

Is the township automatically notified by the county of the sale or is there some mechanism by which they would learn about the sale and update their records, other than by the buyer telling them about it, or applying for a CO? 

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