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 […]
On December 19, 2022, a 73-year-old resident of a condominium in Toronto, Canada shot and killed five people — including three members of the association board — allegedly over a long-running dispute with the association. According to the police reports and court documents, the resident had for a significant time […]
The Federal National Mortgage Association (“Fannie Mae”) and the Federal Home Loan Mortgage Corporation (“Freddie Mac”) recently issued new temporary requirements as an attempt to mitigate risk in community association loan underwriting. Many other industries within the community association world, such as insurance, have adjusted costs and guidelines in an […]
Lately, there has been an uptick in lawsuits against our Associations when the majority of the Board decides to remove a Board Member who has allegedly become unruly or is proving to be very difficult to handle. Most governing documents contain provisions whereby the Association indemnifies all Board Members against […]
Areas of Focus:
New Jersey Condo, Co-Op & HOA
May 8, 2023 – Morristown, NJ — Becker, a multi-practice commercial law firm with attorneys, lobbyists, and other professionals throughout the U.S., announces that Jonathan H. Katz and Loren Rosenberg Lightman have joined as shareholders in the firm’s New Jersey community association practice. They will be based in the firm’s […]
