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NJ A2473
Bill
Status
1/13/2026
Primary Sponsor
Tennille McCoy
Click for details
AI Summary
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Prohibits sellers of residential real estate in New Jersey from requiring potential buyers to disclose their down payment amount when presenting a purchase offer
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Defines "residential real estate" as property serving as a dwelling with four or fewer residential units
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Establishes a civil penalty of up to $1,000 for sellers who violate the disclosure prohibition
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Enforcement would occur through civil action in Superior Court or municipal court under the Penalty Enforcement Law of 1999
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Takes effect 90 days after enactment
Legislative Description
Prohibits seller of residential real estate from requiring potential buyers to disclose down payment when presenting offer to seller.
Regulated Professions
Last Action
Introduced, Referred to Assembly Regulated Professions Committee
1/13/2026