Establishes protections against deed theft in New Jersey.

This bill implements protections against deed theft in New Jersey. It allows government entities to request a stay of proceedings to recover possession or quiet title to real property if there is a pending investigation into theft or fraud in the title or financing of the property. The stay remains in effect until the investigation is resolved. The bill also creates a rebuttable presumption that a deed transfer is fraudulent if the grantee is an entity beneficially owned by a person convicted of a related criminal offense. The court can declare the instrument void if appropriate.

Establishes protections against deed theft in New Jersey.

This bill implements protections against deed theft in New Jersey. It allows government entities to request a stay of proceedings to recover possession or quiet title to real property if there is a pending investigation into theft or fraud in the title or financing of the property. The stay remains in effect until the investigation is resolved. The bill also creates a rebuttable presumption that a deed transfer is fraudulent if the grantee is an entity beneficially owned by a person convicted of a related criminal offense. The court can declare the instrument void if appropriate.