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NJ A2674
Bill
Status
1/9/2024
Primary Sponsor
Jay Webber
Click for details
AI Summary
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Establishes a standardized 20-year adverse possession period for acquiring title to real estate through continuous, open, and notorious possession that is inconsistent with others' ownership claims
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Exempts publicly-owned property from adverse possession claims when used or intended for public, transportation, environmental, recreational, governmental, educational, charitable, or institutional purposes, as well as public utility property used for utility services
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Creates a special 40-year adverse possession period for previously tidal-flowed property, allowing owners to bar State riparian rights claims if they have paid all property taxes and hold recorded instruments describing the property
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Addresses post-Hurricane Sandy property issues by providing a remedy for property owners facing State tidelands claims that impede mortgage financing for storm damage repairs
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Repeals five existing conflicting statutes (N.J.S.2A:14-6, 14-7, 14-8, 14-30, and 14-31) to clarify adverse possession law following the J & M Land Co. v. First Union Nat'l Bank court decision
Legislative Description
Concerns time frames for establishing or enforcing property rights related to adverse possession.
Judiciary
Last Action
Introduced, Referred to Assembly Judiciary Committee
1/9/2024