JosephW (Michigan)
Posts: 882
Posts: 882
Posted:
A New Jersey Appellate Court just reinforced the responsibility of the board to make sure the assessments are adequate to maintain the property AND fund the reserves.
Print this link off if you have board members who aren't taking their duties seriously.
http://www.njlawblog.com/community-associations-condominium-maintenance-fees-must-be-sufficient-to-maintain-common-areas.html
Joe
Print this link off if you have board members who aren't taking their duties seriously.
http://www.njlawblog.com/community-associations-condominium-maintenance-fees-must-be-sufficient-to-maintain-common-areas.html
Joe
Joseph West
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