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 […]
The New Jersey Community Update newsletter is out for June, and this issue covers a range of topics. Shareholder David Dockery delves into the ins-and-outs of Fannie Mae and Freddie Mac’s new questionnaire, and — for context — offers an abstract of how these lending giants fit into the landscape […]
Board Members and managers should be pleased to know that the New Jersey Court Rules have been updated which will make litigation against delinquent owners easier and less expensive. On May 11, 2022, the New Jersey Supreme Court approved an increase in the jurisdictional limit for the Superior Court of […]
In September’s newsletter, we cover the digital renaissance of the legal profession, which includes remote court appearances, mastering the art of e-discovery, and the role of computers and other electronic devices in litigation. We also consider options for employee retention during the Great Resignation, a time when 58% of workers […]
The aggressive nature of COVID-19 required extraordinary measures by governing bodies – both at the national level and in every community across America – to slow and/or stop its spread. One of the more controversial actions was dictating the close of community amenities, e.g. the pool, gym, clubhouse, etc., despite […]
