Community Associations
Community Association Reporting Requirements Under the Corporate Transparency Act
Posted in Community Associations
On January 1, 2024, the Corporate Transparency Act (the “CTA”) became effective. The main goal of the CTA is to combat financial crimes by enhancing transparency in the ownership and control of corporations. The CTA will be administered by the Financial Crimes Enforcement Network which is part of the Treasury… Continue reading
Structural Integrity Bill Imposes New Structural Inspection and Reserve Study Requirements on Certain Community Associations
Posted in Community Associations, Construction
On January 8, 2024, Governor Murphy signed into law Senate Bill S2760 (and its companion legislation, Assembly Bill A4384), which is informally known as the “Structural Integrity Bill.” The New Jersey Chapter of the Community Associations Institute (CAI-NJ) and its Legislative Action Committee (LAC) worked diligently with New Jersey lawmakers… Continue reading
Protecting Your Future – Risk Management + Community Associations
Posted in Community Associations
Community associations, by and through their Boards of Trustees, are responsible for overseeing and maintaining common areas, enforcing rules and regulations, and managing the business of the association. Like any business, associations face a spectrum of potential challenges and risks that can undermine their stability and cause financial or other… Continue reading
Community Association Transition Litigation and the Selection of Experts
Posted in Community Associations, Transition
In the realm of civil litigation, the involvement of “experts” can make or break a case. An expert is a qualified individual with specialized knowledge, skill, training, education, or experience in a particular field relevant to the issues at hand in the case. These experts are called upon to provide… Continue reading
Community Association Transition Litigation: “Who ya gonna call?”
Posted in Community Associations, Construction, Transition
It’s no secret that litigation can be a costly and stressful process, and this can be particularly so for community associations finding themselves facing transition litigation following the transfer of control over the community from the sponsor/developer to the unit owners. The costs can quickly become overwhelming, leading many potential… Continue reading
Spring Maintenance Practices for Community Associations
Posted in Community Associations, Construction, Transition
Spring is in the air (for now it seems in New Jersey)! Birds are singing, flowers are blooming, and homeowners are emerging from hibernation to tackle their home maintenance projects. For community associations, spring is a crucial time to ensure that Common Elements and areas are properly maintained to avoid… Continue reading
So You’re Going to Get Deposed? Essential Tips for the New Deponent
Posted in Community Associations, Litigating Claims
Sitting in the “hot seat” for the first time can be a stressful and intimidating experience and especially so if there is significant money on the line. As a seasoned litigator, I have deposed more witnesses than I’d like to admit and have seen many witnesses struggle under the pressure… Continue reading
Pre COVID-19 Construction Cost Estimates Are Likely Outdated
Posted in Community Associations, Litigating Claims
In New Jersey (and virtually all other states), construction defect cases for common interest community associations are heavily reliant on expert witnesses. Even if a building system is obviously defective — in that windows leak every time it rains, cracks have developed in walls, and sidewalks have sunken from improper soil… Continue reading
What Are the Different Types of Community Association Meetings?
Posted in Community Associations
What are the different types of association meetings? How do you know what type of meeting to have? Community associations have board meetings and member meetings; knowing the difference and scheduling the right meeting is critical. Board Meetings for Community Associations At board meetings, the board of trustees conducts its… Continue reading
To Volunteer or Not: The Role of Community Association Board Members
Posted in Community Associations
Community associations by and large rely on the efforts of volunteer board members to ensure their success. These individuals play a critical role in shaping the direction and priorities of the organization, and in ensuring that it remains accountable and responsive to its members. But what does it mean to be… Continue reading
