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New Jersey Consumer Act  Form

New Jersey Consumer Act Form

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so there were two announcements this week as it relates to real estate number one is that it looks like inflation has finally cooled to a level that we can expect hopefully some relief with interest rates maybe sometime in September which is perfect because that will align with the fall market which kicks off right after Labor Day the second announcement was that Governor Murphy signed into law the real estate consumer protection enhancement act now what does that mean for buyers and sellers number one is that sellers will now be required to fill out a property condition disclosure form now up until now sellers you know had the option of not filling it out I personally would never take a listing if a seller refused to sign to fill out a property condition disclosure form but now it's been turned into law now in the instance of an estate obviously an executive would not have history on the home but they at the very least will need to disclose that they do not have any knowledge

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