The Appellate Division of the Superior Court of New Jersey recently ruled in Cypress Point Condominium Association, Inc. v. Adria Towers, L.L.C.1 that consequential damages to the common area and units of a condominium complex caused by a subcontractor’s defective work constituted “property damage” and an “occurrence” under the building developer’s standard-form CGL policies, even though the policies were unlikely to cover direct damages like replacement costs. Read the article……….
Recent California laws enacted in 2023 and 2024, make it easier for homeowners to obtain…
The condominium living experience is evolving rapidly, influenced by technological advancements, demographic shifts, and changing…
The Illinois General Assembly has passed legislation adding Section 18.12 to the Illinois Condominium Property…
When Florida lawmakers concluded their 2024 Legislative Session, a number of bills passed that affect…
The Florida Legislature adopted House Bill (HB) 1021, which was recently signed into law by…
Q: Our homeowners association has private streets and has a formal parking policy that simply…