New Jersey § 25:2-28

§ 25:2-28.

For the purposes of this article: a. A transfer is made: (1) With respect to an asset that is real property other than a fixture, but including

the interest of a seller or purchaser under a contract for the sale of the asset,

when the transfer is so far perfected that a good-faith purchaser of the asset from

the debtor against whom applicable law permits the transfer to be perfected cannot

acquire an interest in the asset that is superior to the interest of the transferee;

and (2) With respect to an asset that is not real property or that is a fixture, when

the transfer is so far perfected that a creditor on a simple contract cannot acquire

a judicial lien otherwise than under this article that is superior to the interest

of the transferee; b. If applicable law permits the transfer to be perfected as provided in subsection

a. of this section and the transfer is not so perfected before the commencement of

an action for relief under this article, the transfer is deemed made immediately before

the commencement of the action; c. If applicable law does not permit the transfer to be perfected as provided in subsection

a. of this section, the transfer is made when it becomes effective between the debtor

and the transferee; d. A transfer is not made until the debtor has acquired rights in the asset transferred; e. An obligation is incurred: (1) If oral, when it becomes effective between the parties; or (2) If evidenced by a record , when the record signed by the obligor is delivered to or for the benefit of the obligee.