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NJ A2473

Bill

Status

Introduced

1/13/2026

Primary Sponsor

Tennille McCoy

Click for details

Origin

General Assembly

2026-2027 Regular Session

AI Summary

  • Prohibits sellers of residential real estate in New Jersey from requiring potential buyers to disclose their down payment amount when presenting a purchase offer

  • Defines "residential real estate" as property serving as a dwelling with four or fewer residential units

  • Establishes a civil penalty of up to $1,000 for sellers who violate the disclosure prohibition

  • Enforcement would occur through civil action in Superior Court or municipal court under the Penalty Enforcement Law of 1999

  • 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

Committee Referrals

Regulated Professions1/13/2026

Full Bill Text

No bill text available