Signed by Governor Phil Murphy

Vote Smart's Synopsis:

Vote to pass a bill that establishes an alternative process for handling court proceedings regarding inherited property in New Jersey.

Highlights:

• Requires a court to determine whether property is the heir’s after someone has passed for actions to partition real property (Sec. 1).

• Requires an appointed special master to determine the property’s fair market value (Sec. 1).

• Requires co-tenants to send written notices to all heir parties and special masters if they want to request sell any property (Sec. 1). 

• Requires the court to exhaust other options before ordering partition of property by sale (Sec. 1).

Full Bill Text