New Jersey’s Condominium Act mandates that condominiums “provide a fair and efficient procedure for the resolution of housing-related disputes between individual unit owners and the association, and between unit owners, which shall be readily available as an alternative to litigation.” New Jersey’s Planned Real Estate Development Full Disclosure Act contains the same mandate. That alternative to litigation may be either mediation or arbitration; the choice between the two being made by the association. Whichever is selected, the alternative dispute resolution (ADR) need only be “fair and efficient.” Read the article………………
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