The Passing of the Torch in New Jersey – Transition of Control of a Condominium Association from the Developer to Unit Owners
Pursuant to the Planned Real Estate Development Full Disclosure Act (“PREDFDA”), N.J.S.A. §45:22A-21 et seq., a developer of a proposed condominium development that is subject to the registration requirements of PREDFDA must establish an association responsible for the management of the common elements and facilities of the proposed condominium development. N.J.S.A. §45:22A-43. Read the article……….
Attorney fees racked up during collection efforts, typically fair game for homeowners’ associations, were denied in one case because of
You’ve seen the headlines, and they’re grossly, irresponsibly inaccurate: “Condos and Co-ops Not Covered Under FEMA.” Co-op shareholders and condo
In the wake of Hurricane Sandy, many communities throughout the tri-state area suffered severe and catastrophic damage. Community associations, much