On Tuesday, July 1, Governor Phil Murphy signed into law Senate Bill S4666/Assembly Bill A5804 (collectively, the Bill), which impacts certain transfers of real property. The Bill amends the existing ...
Your client calls you and says that rather than incur a realty transfer fee and a mansion tax upon the acquisition of commercial property, she would prefer to acquire the interests in the entity that ...
As of July 10, 2025, the Mansion Tax and Controlling Interest Transfer Tax (“CITT”) now requires sellers of certain classes of real property (and controlling interest involving certain classes of real ...
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