Dear Recording/Filing Customer:
Please be advised that State Assembly Bill No. 4701 was recently signed into law which imposes a
1% fee, or 1% tax, on certain purchasers of certain commercial property in excess of $1 million.
New Fee applies to all Deeds meeting the criteria mentioned above which are submitted for recording on August 1, 2006.
We urge you to please go to the
New Jersey Division of Taxation website at
for updated information related to the fee. To download the
revised Affidavit of Consideration forms (RTF-1) and (RTF-1 EE) go to the New Jersey Division of Taxation website at
FOR ADDITIONAL INFORMATION GO TO THE
NJ DIVISION OF TAXATION WEBSITE AT:
RTF FEE QUESTIONS CALL: (609) 292-7974