How to Sell a House As Is in New Jersey? Choose How to Sell Your Home. You have 4 alternatives when selling your house as is in New Jersey. Make Minor Repairs. Conduct a Pre-listing Inspection. Disclose All of Your Home's Defects. Fill Out the As Is Real Estate Contract.
Yes, non-US citizens can buy property in the United States without any restrictions. Foreign buyers have all the same ownership rights as US citizens.
New Jersey's Home Rule Act grants municipal governments broad authorities to enact ordinance and regulations providing for public welfare and order, and stands as one of the major sources of authorization for local autonomy in the State.
Starting August 1, 2024, a significant change will come into effect for home buyers in New Jersey. Governor Phil Murphy signed into law S3192/A4454 in July, which mandates that all home buyers must SIGN A CONTRACT (EXCLUSIVE BUYER REPRESENTATION AGREEMENT) mirroring the process sellers have followed for years.
The updated Seller's Disclosure Statement requires all sellers, without distinction between residential, commercial and industrial properties, to divulge whether any part of the property falls within either (1) FEMA's designated Special Flood Hazard Area or “100-year floodplain,”; or (2) FEMA's designated Moderate Risk ...
TRENTON — Starting February 1, 2025, the New Jersey Motor Vehicle Commission (NJMVC) will begin implementing a law requiring permit holders under the age of 21 to complete a minimum of 50 hours of practice driving, 10 of which must be completed during hours of darkness, before they can be issued a probationary driver ...
Effective August 1, 2024, this law introduces measures to protect both consumers and real estate licensees in New Jersey. Sellers must provide a fully completed property condition disclosure statement before buyers are contractually obligated.
A Special Real Estate Exemption for Capital Gains You have lived in the home as your principal residence for two out of the last five years. You have not sold or exchanged another home during the two years preceding the sale.