Please note that, on April 29, 2019, Governor Murphy signed into law a legislative package consisting of 9 bills to address “New Jersey’s foreclosure crisis.” This legislation will have a direct and significant impact on your operations in the State of New Jersey. A brief summary of each bill is provided below for your convenience. Full text of each bill, in addition to the legislature’s statement, can be found by typing the relevant Bill number into the New Jersey Legislative Tracker. This legislative package brings about significant change to longstanding New Jersey practice and procedure. Please ensure all relevant members of your team are made aware of same.
Questions about these changes?
Contact David Lambropoulos, Esq., Managing Attorney - New Jersey at email@example.com or by phone at 609- 397-9200 Ext. 1211.
A664 – Effective 1st day of the 7th month following enactment
A4997 – Effective 90th day following enactment
A4999 – Effective 90th day following enactment
A5001 – Effective Immediately
A5002 – Effective Immediately
S3411 – Effective 1st Day of 4th Month Following Enactment
S3413 – Effective 30th day following enactment
S3416 – Effective Immediately
S3464 – Effective 90 days after enactment
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