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 […]
Prompted by the Champlain Towers Condominium collapse in Surfside, Florida, 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, […]
Becker’s New Jersey Community Update newsletter features recent news and updates that we think you may find of interest. In July’s Newsletter, We cover all the latest NJ COVID-19 alerts from Department of Health standards for opening Community Association pools, to New Regulations for common interest communities in regards to […]
Q: Can a board demand alteration or removal of a Santa Clause ornamentation making an obscene gesture? A: In both New York and New Jersey, an Association Board could demand alteration or removal of a Santa Clause ornamentation making an obscene gesture. Best practices for any Association would be to […]
Becker’s New Jersey Community Update newsletter features recent news and updates that we think you may find of interest. In April’s Newsletter, We cover all the latest NJ COVID-19 alerts from Department of Health standards for opening Community Association pools, to New Regulations for common interest communities in regards to […]
