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“New DCA Rules Regarding Benefit Derived and Reserves” – Community Trends Magazine

09.23.2020
J. David Ramsey

For decades associations and developers in transition have been plagued by ill-defined concepts embodied in the rules of the New Jersey Department of Community Affairs (DCA) governing the developer’s obligation to pay common expenses for units under development and individually owned “in proportion with the benefit derived by the unit […]

Areas of Focus: Condo, Co-Op & HOA, New Jersey Condo, Co-Op & HOA

“Boards of Directors Can Hold Closed Meetings for Certain Purposes” – News-Press

09.14.2020
Joseph E. Adams

Q: When can a condominium board of directors hold a meeting which is closed to the owners? (P.C., via e-mail) A: Pursuant to Section 718.112(2)(c) of the Florida Condominium Act, meetings of the board of administration at which a quorum of the board members is present must be properly noticed […]

Areas of Focus: Condo, Co-Op & HOA, Florida Community Association

“Condominium Associations Can Purchase Property” – News-Press

09.07.2020
Joseph E. Adams

Q: The board of directors of my condominium association have been discussing purchasing an adjacent parcel of land. There is a question in the community as to whether this is allowed. Can a condominium association purchase additional property? (N.K, via e-mail) A: There is nothing that prevents a condominium association […]

Areas of Focus: Condo, Co-Op & HOA, Florida Community Association