What must be done in an assignment?

What must be done in an assignment?

• A. Must be recorded by County Clerk.
• B. Must be posted at courthouse.
• C. Notification to Tax Collector is optional.
• D. No recording is required.

Answer: (A)

Recording with the County Clerk is required to perfect an assignment and provide public notice of the transfer of the tax lien or tax sale certificate. In New Jersey, these interests are part of the public land records, and the County Clerk’s office maintains them. Without recording, the transferee’s rights aren’t enforceable against third parties, and the transfer may not appear in official records, leading to confusion or disputes over who holds the lien. Posting at the courthouse does not satisfy the formal requirement of perfection, and notifying the Tax Collector is not a substitute for recording. Saying that no recording is required is incorrect because the assignment must be recorded to be legally effective.

Recording with the County Clerk is required to perfect an assignment and provide public notice of the transfer of the tax lien or tax sale certificate. In New Jersey, these interests are part of the public land records, and the County Clerk’s office maintains them. Without recording, the transferee’s rights aren’t enforceable against third parties, and the transfer may not appear in official records, leading to confusion or disputes over who holds the lien.

Posting at the courthouse does not satisfy the formal requirement of perfection, and notifying the Tax Collector is not a substitute for recording. Saying that no recording is required is incorrect because the assignment must be recorded to be legally effective.