I am on the Board of my association, and we have just decided to build a new fitness center that will require a five million dollar loan for the capital improvement. The only thing is now an owner in our community has threatened to sue us because they don’t agree […]
Does your community association own rental units? If so, then you need to know about the new law that went into effect in New Jersey on November 3, 2022. Under the new law (N.J.S.A., 40A:10A-1-2), the owner of a rental unit or units or the owner of a business is […]
**PLEASE NOTE: This program is not eligible for CEU credit or certificate of completion.** An individual owner files an application to the association for an EV Charger in a designated parking space. Did you know by law, that if the Board does not respond in 60 days the application […]
“I live in a 55 and older community and my 4 year old grandchild comes and stays with me during the week while her mother is at work. She doesn’t live with me full time. I am only babysitting during the week and many times they stay for a weekend […]
In reaction to the tragic condo collapse in Florida, Fannie Mae and Freddie Mac amended their requirements that have resulted in lender questionnaires to be answered by associations and their managers that are ambiguous and impose potential liability. If the questionnaire is not completed the lender will not approve the […]
