Legal Question in Real Estate Law in New Jersey

Re: Deed Terms

Yes. Sometimes it is coupled with a mortgage whose terms require a person to make the property their residence for a time although there is no firm legal connection between the statement on the deed and the requirement that a person reside there in order to get preferred treatment from a lender.

See also: http://info.corbettlaw.net/lawguru.htm

Re: Deed Terms

Probably.

Re: Deed Terms

The plain language, now a requirement of NJ law, implies (A) the purchaser is about to reside there (although a Deed into a business entity, which does not have a "residence" per se, implies that its principal office may be located there), (B) this will be the mailing address for the purchaser, (C) may be part of a residential mortgage requirement that the property be the primary residence, (D) just be language used in most Deed forms, with no exceptional inference. While usually it is just (D), other documents may be necessary to be reviewed to see if any significance be attributed to those words. This is a response to an Internet question and the reply is not intended to be legal advice or as creating an attorney-client relationship.