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NJ A2674

Bill

Status

Introduced

1/9/2024

Primary Sponsor

Jay Webber

Click for details

Origin

General Assembly

2024-2025 Regular Session

AI Summary

  • 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

  • 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

  • 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

  • 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

  • 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

Committee Referrals

Judiciary1/9/2024

Full Bill Text

No bill text available