Legal Question in Real Estate Law in New Jersey
is there a statute of limitations on a disclusure for home sales
Asked on 6/04/10, 8:44 am
1 Answer from Attorneys
Ronald Cappuccio
Ronald J. Cappuccio, J.D., LL.M.(Tax)
For what purpose? Transfers in bankruptcy are generally 2 years. Nevertheless, if the transfer falls under the Fraudulent Transfer statute, there can be a 5 year lookback. For Estate tax purposes, there is a 3 year statute.
I hope this helps!
Ron Cappuccio
856 665-2121
www.TaxEsq.com
Answered on 6/05/10, 2:41 am
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