Justices: Condo Association Can’t Reset Clock on Construction Defect Claim (NJ)

The New Jersey Supreme Court ruled Thursday that a condominium association can’t restart the clock on the six-year statute of limitations for construction defects after acquiring a former rental property.  The justices reversed an Appellate Division ruling that found three suits filed against contractors by the Palisades at Fort Lee Condominium Association on various dates in March and April 2009 and September 2010 were within the six-year limit because the association received notice of construction defects in the building in an engineer’s report issued in June 2007.      Read the article………..


Related Articles

An Update on Arizona HOA Laws for this Coming Year

Look out, Arizona board members! Another Congressional session has passed in this desert we call home, and with this new

Colorado HOAs can now restrict short-term rentals

Can HOAs restrict short-term rentals? Until the Colorado Court of Appeals addressed the issue last year, in a case called

Late notice held to bar a $6,000,000 Hurricane Wilma claim in Florida

In The Yacht Club on the Intracoastal Condo. Ass’n. v. Lexington Ins. Co., – Fed.Appx. –, 2015 WL 106862, 2015