On November 20, 2020, P.L. 2020, c.125 (“Daniel’s Law”) was signed into law. Daniel’s Law restricts the disclosure of home addresses or unlisted telephone numbers of active and retired law enforcement officers, judicial officers, prosecutors, and their immediate family members. On January 12, 2022, P.L. 2021, c.371 (the “Act”) was signed into law. The Act was subsequently adopted to support the implementation of Daniel’s Law and further its public policy objectives. Among other things, the Act requires title search business entities, as defined by the Act, to register with and be regulated by the Department of Banking and Insurance.
Pursuant to N.J.S.A. 17:46B-1.1, a title search business entity conducting business in this State shall register with and be subject to regulation by the Department of Banking and Insurance. The business entities shall also register with the Division of Revenue and Enterprise Services in the Department of the Treasury, or the county clerk, as appropriate. A title search business entity means any person or entity organized under the laws of this State or another state for the primary purpose of determining the existence of any lien, lawsuit, lease, easement, mortgage or other encumbrance or restriction, or ownership interest, on any property and regularly conducts business with any title insurance company or title insurance agent as defined in section 1 of P.L.1975, c.106 (C.17:46B-1).
By completing the registration form, the information submitted will be made public on the Department’s website. |