GIT/REP-3

(3-06)
State of New Jersey
SELLER’S RESIDENCY CERTIFICATION/EXEMPTION
(C.55, P.L. 2004)

(Please Print or Type)

SELLER(S) INFORMATION (See Instructions, Page 2)

Current Resident Address:

Street:
City, Town, Post Office State Zip Code

PROPERTY INFORMATION (Brief Property Description)

Street Address:

City, Town, Post Office State Zip Code

Seller’s Percentage of Ownership Consideration Closing Date

SELLER ASSURANCES (Check the Appropriate Box) (Boxes 2 through 8 apply to NON-residents)
1. … I am a resident taxpayer (individual, estate, or trust) of the State of New Jersey pursuant to N.J.S.A. 54A:1-1 et seq. and
will file a resident gross income tax return and pay any applicable taxes on any gain or income from the disposition of this
property.
2. … The real property being sold or transferred is used exclusively as my principal residence within the meaning of section 121
of the federal Internal Revenue Code of 1986, 26 U.S.C. s. 121.
3. … I am a mortgagor conveying the mortgaged property to a mortgagee in foreclosure or in a transfer in lieu of foreclosure with
no additional consideration.
4. … Seller, transferor or transferee is an agency or authority of the United States of America, an agency or authority of the State
of New Jersey, the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, the Government
National Mortgage Association, or a private mortgage insurance company.
5. … Seller is not an individual, estate or trust and as such not required to make an estimated payment pursuant to
N.J.S.A.54A:1-1 et seq.
6. … The total consideration for the property is $1,000 or less and as such, the seller is not required to make an estimated
payment pursuant to N.J.S.A. 54A:5-1-1 et seq.
7. … The gain from the sale will not be recognized for Federal income tax purposes under I.R.C. Section 721, 1031, 1033 or is a
cemetery plot. (CIRCLE THE APPLICABLE SECTION). If such section does not ultimately apply to this transaction, the
seller acknowledges the obligation to file a New Jersey income tax return for the year of the sale.
8. … Transfer by an executor or administrator of a decedent to a devisee or heir to effect distribution of the decedent’s estate in
accordance with the provisions of the decedent’s will or the intestate laws of this state.

SELLER(S) DECLARATION
The undersigned understands that this declaration and its contents may be disclosed or provided to the New Jersey Division of Taxation and that any
false statement contained herein could be punished by fine, imprisonment, or both. I furthermore declare that I have examined this declaration and,
to the best of my knowledge and belief, it is true, correct and complete.

__________________________________________ _____________________________________________________________________
Date Signature
(Seller) Please indicate if Power of Attorney or Attorney in Fact

__________________________________________ _____________________________________________________________________
Date Signature
(Seller) Please indicate if Power of Attorney or Attorney in Fact
 Seller's Residency Certification/Exemption Instructions

This form is to be completed by individuals, estates, trusts or any other entity selling or transferring property in
New Jersey not subject to the Gross Income Tax estimated payment requirements under C55, P.L. 2004.

Name(s): Name of seller(s). If more than one owner separate forms must be used except
for Husband & Wife that file their income tax returns jointly.

Address: Seller(s) primary residence or place of business. Do not use the address of the
property being sold. Unless a new residence (permanent place of abode,
domicile) has been established in New Jersey and said new residence is listed
under seller(s) information, the seller(s) is considered a nonresident. Part-year
residents will be considered nonresidents.

Nonresident seller(s) will be required to make an estimated Gross Income Tax

Property Information: Information as listed on deed of property being sold.

Percentage of Ownership: If there is more than one owner list sellers % of ownership.

Consideration: "Consideration" means in the case of any deed, the actual amount of money
and the monetary value of any other thing of value constituting the entire
compensation paid or to be paid for the transfer of title to the lands, tenements
or other realty, including the remaining amount of any prior mortgage to which
the transfer is subject or which is assumed and agreed to be paid by the
grantee and any other lien or encumbrance not paid, satisfied or removed in
connection with the transfer of title. If there is more than one owner, indicate
seller's portion of total consideration received. If the total consideration for the
property is $1,000 or less complete the Seller’s Residency Certification/
Exemption form GIT/REP-3 and check box 6 under Seller’s Assurances. .

Seller Assurances: If you meet one of the eight criteria listed you are not required to make a tax
payment at this time. Check which box is appropriate to your situation. Note
that boxes 2 through 8 apply to non-residents.

Persons claiming an exemption under block #2 must be claiming an

Signature: Seller(s) must sign and date the declaration. If the seller's representative is
signing the declaration a copy of the power of attorney form or letter signed by
the seller granting this authority must be attached.

All information requested on this form must be completed. Failure to complete the form in its entirety will result
in the deed not being recorded.

This form must be completed at the time of closing and given to the buyer or the buyer's attorney.

The buyer or buyer's attorney must submit the original Seller's Residency Certification/Exemption (GIT/REP-3)
to the county clerk at the time of recording the deed. Failure to submit the Seller's Residency
Certification/Exemption (GIT/REP-3) or Nonresident Seller's Tax Declaration (GIT/REP-1) or a Nonresident
Seller's Tax Prepayment Receipt (GIT/REP-2) will result in the deed not being recorded.

The county clerk will attach this form to the deed when recording the deed.

Additional information regarding the Gross Income Tax estimated payment requirements on the sale of real
estate can be found on the Division of Taxation’s web page at www.state.nj.us/treasury/taxation.