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Insight

There is More to S2760

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...

A Guide to Community Association Governance in New Jersey

Living in a community association offers an array of benefits – well-maintained common areas, a sense of community, and shared amenities. However, a smooth-running community association relies on a strong foundation built upon a clear and documented framework called the “governing documents.” This framework, however,...

New Jersey Governor Signs Mandatory Structural Integrity and Reserve Funding Legislation (S2760/A4384): What It Means for Your Association

New Jersey Governor Phil Murphy recently signed S2760 / A4384, a new law effective in New Jersey as of January 8, 2024, which includes two major components affecting community associations. The first component concerns building inspections, and the second component pertains to reserve studies....