The federal government has reopened following a 43-day government shutdown – the longest in U.S. history. The deal to reopen Washington extends funding for most of the federal government through January 30 while fully funding Congress, the Departments of Agriculture and Veterans Affairs, the FDA, and military construction projects through […]
Winter snow is beautiful, but for community associations—both condominiums and homeowners associations—it represents a significant liability challenge. Boards and managers need to understand their snow clearing duties, which are determined by state law, governing documents, and local ordinances. Getting it wrong can expose the association to expensive slip-and-fall lawsuits. This […]
Delivering exceptional service to our clients and giving back to our community are core to who we are at Becker. We’re proud to share that the South Florida Business Journal has recognized Becker among the Top 50 Corporate Philanthropists in South Florida. Becker attorneys and professionals are heavily involved in […]
Q: Can you explain how a condominium association’s budget is made and presented? What is the difference between operating expenses and reserves? What are straight-line and pooled methods for reserves? (J.D., via e-mail) A: A condominium budget is a formal, forward-looking financial plan that estimates the association’s revenues and expenditures […]
Welcome to the November edition of Becker’s Community Association newsletter. Our Community Association Practice Group is dedicated to keeping boards, managers, and homeowners informed on the legal and practical issues impacting communities across New Jersey. In this issue, we highlight a key legislative update to the Structural Integrity and […]