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……….
The Importance of the Declaration of Covenants and Restrictions for Community Associations Filing Liens
Community associations should always record their respective Governing Documents and this becomes of particular importance if the documents provide for
Once association counsel obtains a personal Judgment against the unit owner for failure to pay maintenance fees, late fees, attorneys’