What types of properties must be registered under the New Jersey Real Estate Sales Full Disclosure Act and Timeshare Acts?
Out of state residential subdivided lands, condominiums, timeshares, and properties subject to an “owners association” offered for sale through a common promotional plan when offered in or into New Jersey; as well as timeshares located in New Jersey. Subdivisions containing less than 100 lots, commercial properties, individual listings, non timeshare communities consisting wholly of rental units and certain limited timeshare offerings are exempt. In addition, the Act allows the Commission to issue exemptions when registration is not necessary due to the small number of properties involved or the limited character of the offering. Certain residential offerings may qualify for a Secondary Registration, an expedited filing procedure. What constitutes an “offering” in New Jersey? Sales promotions conducted physically within New Jersey. The publication or mailing into New Jersey of any promotional materials (including materials offering discounted vacations, gifts or premiums) for the purpo
