Congratulations on becoming homeowners in your new community! As you settle in and start to personalize your spaces, an important milestone awaits: the transfer of control from the developer to the unit owners. This process, known as “transition,” marks the moment when you and your fellow residents take the reins […]
New Jersey’s Municipal Services Act, N.J.S.A. 40:67-23.2 to -23.8, which went into effect in 1993, is the first (and possibly still the only) legislation in the country that requires cities and towns to provide certain municipal services or reimbursements to community associations within their borders. In short, the Act requires every municipality […]
We are receiving many requests for advice from associations with indoor facilities asking whether they should close their indoor facilities due to the recent surge of the Omicron variant. In providing our advice we rely on publicly available data. The U.S. Department of Health and Human Services (“HHS”) reports on […]
The Coronavirus pandemic has been with us for almost two years and its impact on the financial market has many community associations asking: “how can we reasonably obtain a greater return on our capital reserve fund investments?” Many community associations’ investment capabilities are limited by their governing documents to deposits […]
Everyone enjoys a good BBQ, and making sure they are safe should be a priority for any board in a community association. In the mid 2000’s, community associations throughout New Jersey saw a flurry of rule adoptions to comply with the New Jersey Fire Code at the time, which generally […]
