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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