{"id":6038,"date":"2024-10-09T07:22:23","date_gmt":"2024-10-09T11:22:23","guid":{"rendered":"https:\/\/www.deeds.com\/articles\/?p=6038"},"modified":"2024-10-09T07:22:26","modified_gmt":"2024-10-09T11:22:26","slug":"new-jersey-enacts-a-raft-of-reforms-impacting-deed-holders","status":"publish","type":"post","link":"https:\/\/www.deeds.com\/articles\/new-jersey-enacts-a-raft-of-reforms-impacting-deed-holders\/","title":{"rendered":"New Jersey Enacts a Raft of Reforms Impacting Deed Holders"},"content":{"rendered":"\n<figure class=\"wp-block-image aligncenter size-full is-style-rounded is-style-rounded--1\"><img loading=\"lazy\" decoding=\"async\" width=\"1416\" height=\"556\" src=\"https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2024\/10\/new-jersey-enacts-a-raft-of-reforms-affecting-deed-holders.webp\" alt=\"\" class=\"wp-image-6039\" srcset=\"https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2024\/10\/new-jersey-enacts-a-raft-of-reforms-affecting-deed-holders.webp 1416w, https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2024\/10\/new-jersey-enacts-a-raft-of-reforms-affecting-deed-holders-300x118.webp 300w, https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2024\/10\/new-jersey-enacts-a-raft-of-reforms-affecting-deed-holders-1024x402.webp 1024w, https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2024\/10\/new-jersey-enacts-a-raft-of-reforms-affecting-deed-holders-768x302.webp 768w\" sizes=\"auto, (max-width: 1416px) 100vw, 1416px\" \/><\/figure>\n\n\n\n<p>To take action on the racial wealth gap, New Jersey\u2019s lieutenant governor Tahesha Way signed an update to the Real Estate Appraisal Act, explicitly meant to <a href=\"https:\/\/www.deeds.com\/articles\/fair-appraisals-matter-to-the-white-house-and-to-us\/\">stop race-based bias from influencing appraisals<\/a>. As our readers know, appraisals often occur when a home seller transfers a deed to a home buyer.<\/p>\n\n\n\n<p>A 2022 study from the Brookings Institution uncovered a pattern of undervaluing homes in mainly minority neighborhoods. Bias in the appraisal process bears part of the responsibility for this.<\/p>\n\n\n\n<p>The New Jersey Attorney General has since stepped in. Now, New Jersey penalizes appraisal methods that fall afoul of the state\u2019s law against discrimination. And from this year on:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Appraisers will take state-issued fair housing and appraisal bias courses.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The state\u2019s consumer affairs division will bolster support for cases where unfairness is evident, helping households realize the full power of their hard-earned home equity.<\/li>\n<\/ul>\n\n\n\n<p>The new law expressly bars appraisers from taking personal traits of sellers or potential buyers into account when valuing a home. Those traits include race or immigration status; age, disability status; religion; gender, gender identity, or sexual orientation; or the marital\/familial status of sellers or potential buyers. &nbsp;<\/p>\n\n\n\n<p>One senator who opposed the law said it could lead appraisers to overvalue homes, and that\u2019s \u201cnot good for the banks.\u201d<\/p>\n\n\n\n<!--more-->\n\n\n\n<h2 class=\"wp-block-heading\">Slow But Sure: A New Affordable Housing Law<\/h2>\n\n\n\n<figure class=\"wp-block-image alignright size-full is-style-rounded is-style-rounded--2\"><img loading=\"lazy\" decoding=\"async\" width=\"198\" height=\"353\" src=\"https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2024\/10\/slow-but-sure-new-affordable-housing-law.webp\" alt=\"\" class=\"wp-image-6040\" srcset=\"https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2024\/10\/slow-but-sure-new-affordable-housing-law.webp 198w, https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2024\/10\/slow-but-sure-new-affordable-housing-law-168x300.webp 168w\" sizes=\"auto, (max-width: 198px) 100vw, 198px\" \/><\/figure>\n\n\n\n<p>Earlier this year, New Jersey governor Phil Murphy signed a law to expand affordable housing across the state. Local governments must now hash out their fair housing responsibilities and make plans for adding at least 100,000 accessibly priced homes.<\/p>\n\n\n\n<p>It will take time for the new law to make a dent in the housing crisis. And the law\u2019s opponents say it will push the state past its limits, as New Jersey suburbs struggle to meet the law\u2019s mandate to bring as many as 500,000 new homes to the state overall.<\/p>\n\n\n\n<p>Under the new law:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>New Jersey\u2019s Department of Community Affairs will publish non-binding estimates of the need for affordable housing, town by town.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>New Jersey courts will hear arguments from the towns through a new dispute resolution system.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Towns will be incentivized to create more affordable and senior housing units, near shopping and transit hubs.<\/li>\n<\/ul>\n\n\n\n<p>New Jersey towns are not allowed to obstruct housing opportunities for people of modest incomes. That\u2019s per the Mount Laurel doctrine, which came out of a New Jersey Supreme Court case. Some towns have resisted zoning and infrastructure updates anyway. &nbsp;<\/p>\n\n\n\n<p>Beverly Brown Ruggia of New Jersey Citizen Action told WHYY public radio that someone earning New Jersey\u2019s current $15 minimum wage would need to work three full-time jobs to afford the state\u2019s soaring rental costs. The new law could help New Jersey residents overcome class and race barriers, get decent housing, and have a crack at acquiring their own deeds.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">New Jersey Foreclosure Reform: Local Governments Must Return Surplus Profits to the Former Homeowners<\/h2>\n\n\n\n<p>In July, New Jersey modified its foreclosure and tax sales laws. The catalyst was the <a href=\"https:\/\/www.deeds.com\/articles\/latest-from-scotus-a-tale-of-two-property-rights-cases\/\">U.S. Supreme Court<\/a> case Tyler v. Hennepin County, which slapped down local governments\u2019 practice of keeping the excess proceeds from the sale of foreclosed homes. The Fifth Amendment protects people from government seizures of property without just compensation. From now on, extra cash from a tax foreclosure sale, beyond the unpaid debt, must be sent to the former property owner or the heirs. If that doesn\u2019t happen, the government is essentially committing <a href=\"https:\/\/www.deeds.com\/articles\/surplus-retention-seizures-legalized-home-equity-theft\/\">home equity theft<\/a>.<\/p>\n\n\n\n<p>The owner or the heirs will need to send a written statement to the tax sale certificate holder to redeem the excess sales proceeds from the tax sale when it\u2019s carried out online or in person by the local sheriff\u2019s office. Under New Jersey\u2019s new law, people who have had their homes seized now have a clear process to follow to get their reimbursements.<\/p>\n\n\n\n<p>Here\u2019s what now happens after a foreclosure and auction:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Local officials must inform the foreclosed home\u2019s former deed holder of any excess profits from the sale, beyond what the former owner owed the government. The notice must contain complete information about the sale proceed and the excess profits.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Before the publication of a final court judgment, the former deed holder needs to submit the written request to the New Jersey Superior Court.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The New Jersey Superior Court must respond promptly to the former deed holder\u2019s request for reimbursement. After checking the submitted documentation, the court must approve the request, triggering the release of excess money to the former homeowner.<\/li>\n<\/ul>\n\n\n\n<p>The new law applies to New Jersey property owners foreclosed on from July 10, 2024 onward. This will make a clear difference for New Jersey residents overcome by mortgage debt.<\/p>\n\n\n\n<p>Meanwhile, in Other New Jersey Real Estate Law News\u2026<\/p>\n\n\n\n<p>New Jersey\u2019s <em>Real Estate Consumer Protection Enhancement Act<\/em> became effective on Aug. 1, 2024. The new law:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Standardizes broker agreements.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Defines the roles of the buyer\u2019s and the seller\u2019s agent.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Ensures an explanation of how the agents on each side interact and make money.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Adds to the duties of brokers and real estate agents and their companies, including new professional education mandates.<\/li>\n<\/ul>\n\n\n\n<p>This bill comes in the wake of a Missouri federal case last year that faulted the National Association of Realtors\u00ae (NAR) and brokerages for making home sellers agree to a fee-sharing arrangement between seller and buyer agents. &nbsp;<\/p>\n\n\n\n<p>Following the <a href=\"https:\/\/www.deeds.com\/articles\/legal-update-nars-ready-to-settle-its-lawsuit-heres-what-home-sellers-and-buyers-stand-to-gain\/\">NAR settlement<\/a>, 58,000 New Jersey licensed real estate professionals and firms will be using standard <em>buyer agency agreement <\/em>forms. Plus, all transactions now must include these elements:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A seller\u2019s property disclosure form.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Signs at open houses stating that the agent showing the home is the seller\u2019s agent, not the buyer\u2019s. The point is help everyone clearly understands the roles played by their professionals and how their fee arrangements work.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Different agents for the buyer and seller (although the same real estate agency might employ both professionals).<\/li>\n<\/ul>\n\n\n\n<p>What does this have to do with bias? Well, it\u2019s <a href=\"https:\/\/www.cnn.com\/2024\/03\/15\/economy\/nar-realtor-commissions-settlement\/index.html\" target=\"_blank\" rel=\"noreferrer noopener\">been reported<\/a> that the new standard will bring down professional fees overall, making transactions that much less expensive. And that could help historically sidelined communities.<\/p>\n\n\n\n<div class=\"wp-block-group has-accent-5-background-color has-background has-small-font-size is-layout-flow wp-block-group-is-layout-flow\" style=\"padding-top:var(--wp--preset--spacing--10);padding-right:var(--wp--preset--spacing--10);padding-bottom:var(--wp--preset--spacing--10);padding-left:var(--wp--preset--spacing--10)\">\n<p><strong>Supporting References<\/strong><\/p>\n\n\n\n<p>Sophie Nieto-Munoz for the <em>New Jersey Monitor<\/em> (part of States Newsroom): <a href=\"https:\/\/newjerseymonitor.com\/2024\/09\/09\/new-law-will-ensure-personal-biases-dont-influence-real-estate-appraisals-acting-governor-says\/\" target=\"_blank\" rel=\"noreferrer noopener\">Housing \u2013 New Law Will Ensure \u201cPersonal Biases Don\u2019t Influence\u201d Real Estate Appraisals, Acting Governor Says<\/a> (Sep. 9, 2024).<\/p>\n\n\n\n<p>David Matthau for <em>WHYY News<\/em>, via <em>WHYY.org<\/em> (NPR \/ PBS): <a href=\"https:\/\/whyy.org\/articles\/new-jersey-affordable-housing-law\/\" target=\"_blank\" rel=\"noreferrer noopener\">NJ Has a New Affordable Housing Law, But It Will Take Years for It to Make a Difference<\/a> (Mar. 20, 2024). \u00a0<\/p>\n\n\n\n<p>New Jersey Realtors\u00ae: <a href=\"https:\/\/ncjar.com\/industry-360\/market-data\/data-statistics\/breaking-news-governor-signs-bill-s3192-a4454-into-law\" target=\"_blank\" rel=\"noreferrer noopener\">Breaking News \u2013 Governor Signs Bill S3192\/A4454 Into Law<\/a> (New Jersey Realtors commend the Real Estate Consumer Protection Enhancement Act).<\/p>\n\n\n\n<p>Nicholas Racioppi and Hunain Sarwar for Riker Danzig LLP (Morristown, NJ) via <em>Riker.com<\/em>: <a href=\"https:\/\/riker.com\/publications\/new-jersey-aligns-tax-sale-law-with-u-s-supreme-court-decision\/\" target=\"_blank\" rel=\"noreferrer noopener\">New Jersey Aligns Tax Sale Law With U.S. Supreme Court Decision<\/a> (Jul. 23, 2024).<\/p>\n\n\n\n<p>Ethan Mannello for <em>MyCentralJersey.com<\/em>: <a href=\"https:\/\/www.mycentraljersey.com\/story\/news\/local\/new-jersey\/2024\/07\/19\/nj-real-estate-law\/74462475007\/\" target=\"_blank\" rel=\"noreferrer noopener\">Real Estate Buyers and Sellers in New Jersey Have More Leverage Starting Aug. 1<\/a> (Jul. 19, 2024).<\/p>\n\n\n\n<p>A-3772 \/ S-2334, amending <em>New Jersey Tax Sale Law<\/em> (NJSA 54:5-1 <em>et seq.)<\/em> and the <em>In Rem Tax Foreclosure Act<\/em> (NJSA 54:5-104.29 <em>et seq<\/em>.).<\/p>\n\n\n\n<p>And as linked.<\/p>\n\n\n\n<p><strong>More on topics: <\/strong><a href=\"https:\/\/www.deeds.com\/articles\/property-tax-breaks-for-older-homeowners-new-changes-for-nj-pa-and-md-seniors\/\">New Jersey property tax breaks<\/a><strong>, <\/strong><a href=\"https:\/\/www.deeds.com\/articles\/voters-tell-candidates-act-on-housing-affordability-now\/\">Voters push for housing affordability<\/a><\/p>\n\n\n\n<p>Photo sources: <a href=\"https:\/\/commons.wikimedia.org\/wiki\/File:2015-04-13_10_10_47_Homes_along_Hillcrest_Avenue_in_the_Hillcrest_neighborhood_along_the_border_of_Trenton_and_Ewing,_New_Jersey.jpg\" target=\"_blank\" rel=\"noreferrer noopener\">FA Martin<\/a> via Wikimedia Commons (<a href=\"https:\/\/creativecommons.org\/licenses\/by-sa\/4.0\/deed.en\" target=\"_blank\" rel=\"noreferrer noopener\">CC-BY SA 4.0<\/a>); and <a href=\"https:\/\/commons.wikimedia.org\/wiki\/File:New_Jersey_Counties.svg\" target=\"_blank\" rel=\"noreferrer noopener\">Jim Irwin<\/a> (<a href=\"https:\/\/creativecommons.org\/licenses\/by-sa\/2.5\/deed.en\" target=\"_blank\" rel=\"noreferrer noopener\">CC-BY SA 2.5 Generic<\/a>).<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>To take action on the racial wealth gap, New Jersey\u2019s lieutenant governor Tahesha Way signed an update to the Real Estate Appraisal Act, explicitly meant to stop race-based bias from influencing appraisals. As our readers know, appraisals often occur when a home seller transfers a deed to a home buyer. A 2022 study from the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":6039,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[25],"tags":[536,634,1836,1839,1842,1838,1841,1837,1840,1207],"class_list":["post-6038","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-new-jersey","tag-affordable-housing","tag-appraisal-bias","tag-foreclosure-reform","tag-housing-reforms","tag-new-jersey-attorney-general","tag-new-jersey-real-estate","tag-property-tax","tag-racial-bias-in-housing","tag-real-estate-consumer-protection","tag-real-estate-laws"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>New Jersey Enacts a Raft of Reforms Impacting Deed Holders - Deeds.com<\/title>\n<meta name=\"description\" content=\"Discover how New Jersey&#039;s new real estate laws aim to curb racial bias in appraisals, expand affordable housing, and protect former homeowners in foreclosure cases. Learn about the latest updates impacting buyers, sellers, and the real estate industry.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.deeds.com\/articles\/new-jersey-enacts-a-raft-of-reforms-impacting-deed-holders\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Jersey Enacts a Raft of Reforms Impacting Deed Holders - Deeds.com\" \/>\n<meta property=\"og:description\" content=\"Discover how New Jersey&#039;s new real estate laws aim to curb racial bias in appraisals, expand affordable housing, and protect former homeowners in foreclosure cases. Learn about the latest updates impacting buyers, sellers, and the real estate industry.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.deeds.com\/articles\/new-jersey-enacts-a-raft-of-reforms-impacting-deed-holders\/\" \/>\n<meta property=\"og:site_name\" content=\"Deeds.com\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/deedsrealestate\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-09T11:22:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-09T11:22:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2024\/10\/new-jersey-enacts-a-raft-of-reforms-affecting-deed-holders.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1416\" \/>\n\t<meta property=\"og:image:height\" content=\"556\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Deeds.com\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@RealEstateDeeds\" \/>\n<meta name=\"twitter:site\" content=\"@RealEstateDeeds\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Deeds.com\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/new-jersey-enacts-a-raft-of-reforms-impacting-deed-holders\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/new-jersey-enacts-a-raft-of-reforms-impacting-deed-holders\\\/\"},\"author\":{\"name\":\"Deeds.com\",\"@id\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/#\\\/schema\\\/person\\\/8e0eeca72de74094ddaa30fc54159b6b\"},\"headline\":\"New Jersey Enacts a Raft of Reforms Impacting Deed Holders\",\"datePublished\":\"2024-10-09T11:22:23+00:00\",\"dateModified\":\"2024-10-09T11:22:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/new-jersey-enacts-a-raft-of-reforms-impacting-deed-holders\\\/\"},\"wordCount\":1214,\"publisher\":{\"@id\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/new-jersey-enacts-a-raft-of-reforms-impacting-deed-holders\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/new-jersey-enacts-a-raft-of-reforms-affecting-deed-holders.webp\",\"keywords\":[\"affordable housing\",\"Appraisal Bias\",\"foreclosure reform\",\"housing reforms\",\"New Jersey Attorney General\",\"New Jersey real estate\",\"property tax\",\"racial bias in housing\",\"real estate consumer protection\",\"real estate laws\"],\"articleSection\":[\"New Jersey\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/new-jersey-enacts-a-raft-of-reforms-impacting-deed-holders\\\/\",\"url\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/new-jersey-enacts-a-raft-of-reforms-impacting-deed-holders\\\/\",\"name\":\"New Jersey Enacts a Raft of Reforms Impacting Deed Holders - Deeds.com\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/new-jersey-enacts-a-raft-of-reforms-impacting-deed-holders\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/new-jersey-enacts-a-raft-of-reforms-impacting-deed-holders\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/new-jersey-enacts-a-raft-of-reforms-affecting-deed-holders.webp\",\"datePublished\":\"2024-10-09T11:22:23+00:00\",\"dateModified\":\"2024-10-09T11:22:26+00:00\",\"description\":\"Discover how New Jersey's new real estate laws aim to curb racial bias in appraisals, expand affordable housing, and protect former homeowners in foreclosure cases. Learn about the latest updates impacting buyers, sellers, and the real estate industry.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/new-jersey-enacts-a-raft-of-reforms-impacting-deed-holders\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.deeds.com\\\/articles\\\/new-jersey-enacts-a-raft-of-reforms-impacting-deed-holders\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/new-jersey-enacts-a-raft-of-reforms-impacting-deed-holders\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/new-jersey-enacts-a-raft-of-reforms-affecting-deed-holders.webp\",\"contentUrl\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/new-jersey-enacts-a-raft-of-reforms-affecting-deed-holders.webp\",\"width\":1416,\"height\":556},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/new-jersey-enacts-a-raft-of-reforms-impacting-deed-holders\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"New Jersey Enacts a Raft of Reforms Impacting Deed Holders\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/#website\",\"url\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/\",\"name\":\"Deeds.com\",\"description\":\"Real Estate Deeds Made Easy Since 1997\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/#organization\",\"name\":\"Deeds.com\",\"url\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/wp-content\\\/uploads\\\/2018\\\/10\\\/deeds-logo-bw.png\",\"contentUrl\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/wp-content\\\/uploads\\\/2018\\\/10\\\/deeds-logo-bw.png\",\"width\":417,\"height\":208,\"caption\":\"Deeds.com\"},\"image\":{\"@id\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/deedsrealestate\\\/\",\"https:\\\/\\\/x.com\\\/RealEstateDeeds\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UCWGNKXWKH9nluFfeIvG0OTQ\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/#\\\/schema\\\/person\\\/8e0eeca72de74094ddaa30fc54159b6b\",\"name\":\"Deeds.com\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ceb3eac3a742cc3487be04bdf8e23cf5e2804c1a8c7f64f206a3b18e850562b5?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ceb3eac3a742cc3487be04bdf8e23cf5e2804c1a8c7f64f206a3b18e850562b5?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ceb3eac3a742cc3487be04bdf8e23cf5e2804c1a8c7f64f206a3b18e850562b5?s=96&d=mm&r=g\",\"caption\":\"Deeds.com\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"New Jersey Enacts a Raft of Reforms Impacting Deed Holders - Deeds.com","description":"Discover how New Jersey's new real estate laws aim to curb racial bias in appraisals, expand affordable housing, and protect former homeowners in foreclosure cases. Learn about the latest updates impacting buyers, sellers, and the real estate industry.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.deeds.com\/articles\/new-jersey-enacts-a-raft-of-reforms-impacting-deed-holders\/","og_locale":"en_US","og_type":"article","og_title":"New Jersey Enacts a Raft of Reforms Impacting Deed Holders - Deeds.com","og_description":"Discover how New Jersey's new real estate laws aim to curb racial bias in appraisals, expand affordable housing, and protect former homeowners in foreclosure cases. Learn about the latest updates impacting buyers, sellers, and the real estate industry.","og_url":"https:\/\/www.deeds.com\/articles\/new-jersey-enacts-a-raft-of-reforms-impacting-deed-holders\/","og_site_name":"Deeds.com","article_publisher":"https:\/\/www.facebook.com\/deedsrealestate\/","article_published_time":"2024-10-09T11:22:23+00:00","article_modified_time":"2024-10-09T11:22:26+00:00","og_image":[{"width":1416,"height":556,"url":"https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2024\/10\/new-jersey-enacts-a-raft-of-reforms-affecting-deed-holders.webp","type":"image\/webp"}],"author":"Deeds.com","twitter_card":"summary_large_image","twitter_creator":"@RealEstateDeeds","twitter_site":"@RealEstateDeeds","twitter_misc":{"Written by":"Deeds.com","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.deeds.com\/articles\/new-jersey-enacts-a-raft-of-reforms-impacting-deed-holders\/#article","isPartOf":{"@id":"https:\/\/www.deeds.com\/articles\/new-jersey-enacts-a-raft-of-reforms-impacting-deed-holders\/"},"author":{"name":"Deeds.com","@id":"https:\/\/www.deeds.com\/articles\/#\/schema\/person\/8e0eeca72de74094ddaa30fc54159b6b"},"headline":"New Jersey Enacts a Raft of Reforms Impacting Deed Holders","datePublished":"2024-10-09T11:22:23+00:00","dateModified":"2024-10-09T11:22:26+00:00","mainEntityOfPage":{"@id":"https:\/\/www.deeds.com\/articles\/new-jersey-enacts-a-raft-of-reforms-impacting-deed-holders\/"},"wordCount":1214,"publisher":{"@id":"https:\/\/www.deeds.com\/articles\/#organization"},"image":{"@id":"https:\/\/www.deeds.com\/articles\/new-jersey-enacts-a-raft-of-reforms-impacting-deed-holders\/#primaryimage"},"thumbnailUrl":"https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2024\/10\/new-jersey-enacts-a-raft-of-reforms-affecting-deed-holders.webp","keywords":["affordable housing","Appraisal Bias","foreclosure reform","housing reforms","New Jersey Attorney General","New Jersey real estate","property tax","racial bias in housing","real estate consumer protection","real estate laws"],"articleSection":["New Jersey"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.deeds.com\/articles\/new-jersey-enacts-a-raft-of-reforms-impacting-deed-holders\/","url":"https:\/\/www.deeds.com\/articles\/new-jersey-enacts-a-raft-of-reforms-impacting-deed-holders\/","name":"New Jersey Enacts a Raft of Reforms Impacting Deed Holders - Deeds.com","isPartOf":{"@id":"https:\/\/www.deeds.com\/articles\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.deeds.com\/articles\/new-jersey-enacts-a-raft-of-reforms-impacting-deed-holders\/#primaryimage"},"image":{"@id":"https:\/\/www.deeds.com\/articles\/new-jersey-enacts-a-raft-of-reforms-impacting-deed-holders\/#primaryimage"},"thumbnailUrl":"https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2024\/10\/new-jersey-enacts-a-raft-of-reforms-affecting-deed-holders.webp","datePublished":"2024-10-09T11:22:23+00:00","dateModified":"2024-10-09T11:22:26+00:00","description":"Discover how New Jersey's new real estate laws aim to curb racial bias in appraisals, expand affordable housing, and protect former homeowners in foreclosure cases. Learn about the latest updates impacting buyers, sellers, and the real estate industry.","breadcrumb":{"@id":"https:\/\/www.deeds.com\/articles\/new-jersey-enacts-a-raft-of-reforms-impacting-deed-holders\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.deeds.com\/articles\/new-jersey-enacts-a-raft-of-reforms-impacting-deed-holders\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.deeds.com\/articles\/new-jersey-enacts-a-raft-of-reforms-impacting-deed-holders\/#primaryimage","url":"https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2024\/10\/new-jersey-enacts-a-raft-of-reforms-affecting-deed-holders.webp","contentUrl":"https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2024\/10\/new-jersey-enacts-a-raft-of-reforms-affecting-deed-holders.webp","width":1416,"height":556},{"@type":"BreadcrumbList","@id":"https:\/\/www.deeds.com\/articles\/new-jersey-enacts-a-raft-of-reforms-impacting-deed-holders\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.deeds.com\/articles\/"},{"@type":"ListItem","position":2,"name":"New Jersey Enacts a Raft of Reforms Impacting Deed Holders"}]},{"@type":"WebSite","@id":"https:\/\/www.deeds.com\/articles\/#website","url":"https:\/\/www.deeds.com\/articles\/","name":"Deeds.com","description":"Real Estate Deeds Made Easy Since 1997","publisher":{"@id":"https:\/\/www.deeds.com\/articles\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.deeds.com\/articles\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.deeds.com\/articles\/#organization","name":"Deeds.com","url":"https:\/\/www.deeds.com\/articles\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.deeds.com\/articles\/#\/schema\/logo\/image\/","url":"https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2018\/10\/deeds-logo-bw.png","contentUrl":"https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2018\/10\/deeds-logo-bw.png","width":417,"height":208,"caption":"Deeds.com"},"image":{"@id":"https:\/\/www.deeds.com\/articles\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/deedsrealestate\/","https:\/\/x.com\/RealEstateDeeds","https:\/\/www.youtube.com\/channel\/UCWGNKXWKH9nluFfeIvG0OTQ"]},{"@type":"Person","@id":"https:\/\/www.deeds.com\/articles\/#\/schema\/person\/8e0eeca72de74094ddaa30fc54159b6b","name":"Deeds.com","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/ceb3eac3a742cc3487be04bdf8e23cf5e2804c1a8c7f64f206a3b18e850562b5?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/ceb3eac3a742cc3487be04bdf8e23cf5e2804c1a8c7f64f206a3b18e850562b5?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ceb3eac3a742cc3487be04bdf8e23cf5e2804c1a8c7f64f206a3b18e850562b5?s=96&d=mm&r=g","caption":"Deeds.com"}}]}},"jetpack_featured_media_url":"https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2024\/10\/new-jersey-enacts-a-raft-of-reforms-affecting-deed-holders.webp","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.deeds.com\/articles\/wp-json\/wp\/v2\/posts\/6038","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.deeds.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.deeds.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.deeds.com\/articles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.deeds.com\/articles\/wp-json\/wp\/v2\/comments?post=6038"}],"version-history":[{"count":1,"href":"https:\/\/www.deeds.com\/articles\/wp-json\/wp\/v2\/posts\/6038\/revisions"}],"predecessor-version":[{"id":6041,"href":"https:\/\/www.deeds.com\/articles\/wp-json\/wp\/v2\/posts\/6038\/revisions\/6041"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.deeds.com\/articles\/wp-json\/wp\/v2\/media\/6039"}],"wp:attachment":[{"href":"https:\/\/www.deeds.com\/articles\/wp-json\/wp\/v2\/media?parent=6038"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.deeds.com\/articles\/wp-json\/wp\/v2\/categories?post=6038"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.deeds.com\/articles\/wp-json\/wp\/v2\/tags?post=6038"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}