NJ Supreme Court Decision Paves the Way for Condominium Associations in Transition to Recover Damages against the Developer and Subcontractors
On August 4, 2016, the New Jersey Supreme Court issued its decision in Cypress Point Condominium Association, Inc. v. Adria Towers, LLC, et al., which held that faulty workmanship by a subcontractor that causes property damage is a covered loss under the developer’s/general contractor’s commercial general liability (CGL) insurance policy. The ruling holds that this consequential damage constitutes an “occurrence” under the CGL policy and, as such, may allow community associations to recover for water infiltration and other defective construction. Read the article………….
There’s nothing worse than being a unit owner in a building and seeing someone on your board breaking a rule
A recent decision of the Ontario Small Claims Court tackles the interesting issue of whether and how condominium boards can
The underlying dispute began when the Brittons, owners of a unit in this Lexington, MA condominium community, withheld their monthly