NJ S4252

Declares service agreements unlawful under consumer fraud law if performance extends beyond one year and the agreement purports to run with the land, allows assignment without owner consent, or creates a lien on residential real property (1-4 dwelling units)

Makes recording an unlawful service agreement or memorandum thereof a fourth-degree crime, and county recording officers may refuse to accept such documents for recordation

Provides that unlawfully recorded service agreements do not provide actual or constructive notice against bona fide purchasers or creditors

Allows property owners to file court complaints to declare unlawful agreements unenforceable and recover actual damages, costs, and attorney's fees from the service provider

Exempts home warranties, insurance contracts, common interest community declarations, HOA maintenance agreements, mortgage loans, and regulated utility services from the bill's restrictions