There are many critical parts to a residential real estate transaction that must fall into place in order for the closing to take place smoothly and on time. The first time home purchaser or novice residential real estate investor may not understand what goes on behind the curtain. While angst […]
Category: Blog
The New Jersey Department of Community Affairs, Division of Codes and Standards (DCA) published new regulations under the Planned Real Estate Development Full Disclosure Act (PREDFDA) on May 18, 2020. These new regulations are intended to serve as an update to the Radburn Election Law (P.L. 2017, Ch. 106) and […]
Hurricane Insurance Claim Deadlines
Almost three years have passed since Hurricane Irma and almost two years since Hurricane Michael. If your community has received insurance money and rebuilt, or if your community has only suffered minor damages, both hurricanes may seem a lifetime ago. Unfortunately, many communities are still suffering through unpaid claims and, […]
While it may seem to many unit owners that a director must also be a member of the association, this is not necessarily the case. This question is document driven. If the governing documents of a condominium association do not specifically require that a director also be a unit owner […]
Tennis Courts – Executive Order 147
On May 18 Governor Murphy’s Executive Order #147 (“EO”) was published. The order, among other matters, permits the opening of private “tennis clubs” subject to compliance with various regulations. Our Community Association Practice Group has reviewed these regulations and it is our opinion that association boards need to take the […]