Becker’s New Jersey Community Update newsletter features recent news and updates that we think you may find of interest. The November edition of Becker’s North Community Association Newsletter offers important insights for community association leaders and residents, including a detailed guide to community governance and the vital role of governing […]
October 23, 2024 – Ft. Lauderdale, FL – Becker, a multi-practice commercial law firm with attorneys, lobbyists, and other professionals throughout the US, is pleased to have completed the financial closing for phase one of a four phase public-private partnership (P3) development deal on behalf of client Hall of Fame […]
As energy costs are predicted to dramatically increase and budget season is upon associations with fiscal years based on the calendar year, New Jersey associations that purchase electric service for their residents should prepare for surging utility rates in 2025 and 2026 following PJM Interconnection’s (“PJM”) last capacity auction. PJM, […]
Most people in the community association world are now aware of New Jersey’s Senate Bill S2760, commonly known as the Structural Integrity and Reserve Act (“Act”). This legislation introduces crucial provisions for condominium and cooperative buildings, addressing structural integrity, mandating periodic inspections, and improving reserve funding requirements. As community associations...
Many New Jersey age-restricted communities, particularly those in South Jersey, have provisions in their declarations or master deeds that restrict ownership of a home to persons 55 and older or in some cases to 62 years of age and older. Those governing document provisions also require that the home must […]
