Page 4 - New Jersey Cooperator February 2019

Wed., February 13, 2019 Bisnow: New Jersey State of the Market Hyatt Regency Jersey City, 2 Exchange Place, Jersey City, NJ 7:30 a.m. - 11:00 a.m. What you’ll learn: (1) What asset classes can expect to see the largest margins of growth in 2019? (2) What neighborhoods will the NJ multifamily boom hit next? (3) How will tax incentives continue to attract and retain jobs and development across the state? (4) How can changes to the transit system benefi t a grow- ing retail market? (5) How can NJ connect its industrial hubs with the greater suburban community development? For information, visit www.bisnow.com. Wed., February 13, 2019 NJAA: So Skills: Mastering the Most Sought A er Skills of 2019 New Jersey Apartment Association, 104 Interchange Plaza, Suite 201, Monroe Township, NJ 8:30 a.m. - 11:00 a.m. Today’s workplace is evolving more quickly than any other time in history. Th e understanding of what it means to be customer- and employee- centric is growing, and with these shift s, critical ‘soft skills’ like verbal and written communication, analytical thinking and leadership have become a more vital part of the equation than technical skills. Soft skills can all be taught and learned! If you’re a leader looking to learn how to develop your team’s soft skills, or you’re a team member that understands the value of mastering these talents, then this session is for you! Instructed by: Marla Posey, Spark Multifamily Learning + Consulting. For information, visit www.njaa.org. Wed., February 20, 2019 CAI Webinar: Residential Security in Today’s World: Protecting Residents & Associations 2:00 p.m. - 3:00 p.m. Th e safety and security of community association residents and their guests is a common issue for residential communities, but new concerns like increased drug use and abuse, potential active shooter situations, and police and security violence require a new level of education and preparedness. In this webinar, you’ll learn about emerging and essential issues facing community associations and community association managers when it comes to safety and security. Register today to get tools and strategies to limit and mitigate risk within your community, including how to use technology, training, and policies to improve overall resident satisfaction. For information, visit www.caionline.org. Wed., February 20, 2019 Kipcon: Siding Replacement Webinar 9:30 a.m. - 10:30 a.m. To request invite, info@kipcon.com One of the most visible aesthetic parts of your buildings is the siding. In this webinar we will present the various types of siding available as well as their performance and relative costs. We will also discuss the importance of the siding related to water infi ltration. Th e preparation of replacement specifi cations and the construction process is also discussed including how the community aesthetics and property values can be enhanced through this process. For more information visit Kipcon.com CAL EN D AR F 2019 Legal PULSE/CALENDAR/Q&A ProPerTY MAnAGeMenT FirstService Residential Adds Ravenscliff Village III and Goshen Valley III Condominium to PA Portfolio Property management company FirstService Residential recently con- tracted to provide services to Ravenscliff Village III, a 137-unit luxury townhome community in Media, Pennsylvania. Th e addition of Ravenscliff Village expands FirstService Residential’s pres- ence in southeastern Pennsylvania, said FirstService in a press release. Th is new townhome community, nestled in a country setting, is minutes from the heart of historic Media’s down- town area, with its boutiques, fi ne dining and entertainment. Ravenscliff Village is strategically located in proximity to King of Prussia, Philadelphia International Airport, Center City Philadelphia, and Delaware. “Our team is honoured to serve as the management partner for Ravenscliff Village,” said Michael Mendillo, President, FirstService Residential. “Every detail of this luxury community has been thoughtfully planned to accom- modate the needs of its residents.” In addition, FirstService Residential announced it was contracted to provide property management services to Goshen Valley III Condominium, a 294-unit con- dominium community located in West Chester, Pennsylvania. “We’re thrilled to partner with Goshen Valley III to provide property management services for the community,” said Mendillo. Goshen Valley III Condominium is located in Chester County and con- venient to King of Prussia, Delaware County, and Wilmington, Delaware. Th e community boasts a clubhouse, fi tness center, children’s playground, pool, and tennis court. Society Hill at Galloway III Selects mem property management mem property management was cho- sen as the new property manager for Society Hill at Galloway III, a residential community in Galloway Township, New Jersey, according to a news statement from mem. Society Hill at Galloway III has 394 single- and two-level condominium units. Its homes have two bedrooms and one- to two-and-a-half baths, and are spread out across green lawns with a pool, playground, tennis courts, clubhouse and other community amenities. “Society Hill at Galloway III is a very well-run community and the board and residents are proactive and highly engaged to enhance the lifestyle of all the residents,” says Martin Laderman, found- er and CEO of mem.. Th e community is located approxi- mately 15 miles outside or Atlantic City, and is in proximity of Stockton University, Seaview Hotel and Golf Club, Atlantic City Medical Center, Bacharach Institute for Rehabilitation and the casi- nos along the Atlantic City Boardwalk. CoMMUnITY AssoCIATIons CP Management CEO Selected to CAI-NJ Board Anthony Nardone, CEO of Corner Property Management, announced that he has been chosen to serve on the Board of Directors of the New Jersey chapter of the Community Association Institute (CAI-NJ), according to a press release by CPM. CAI’s New Jersey chapter is one of the largest in the U.S., with over 1,600 mem- bers. It provides continuous education and resources to help its members stay abreast of the current news, laws and I P Q A& 4 THE NEW JERSEY COOPERATOR —FEBRUARY 2019 NJCOOPERATOR.COM continued on page 22 HOAs and CCRs Q What is the diff erence between HOA rules and CCRs? —Curious Owner A “In the world of community associations, CCR stands for covenants, conditions and restrictions,” says attorney Scott F. Penick of the North Brunswick offi ce of McGov- ern Legal Services. “Th ese are rules that are publicly recorded against all homeowner lots and association-owned lots within an association. Th e public recording in New Jersey will be with either the County Clerk or the County Register of Deeds and Mort- gages. CCRs typically address property rights (what can be done Down on the Cor- ner or Out My Back Door); maintenance, repair and replacement responsibilities (Who’ll Stop the Rain from fl ooding the detention basin); and restrictions on activi- ties both on homeowner lots and the com- mon property (no Travelin’ Bands allowed to play aft er dark). Th ese rules are usually established by the association’s developer or sponsor and are not easily changed. A vote of some percentage of the homeown- ers within an association is typically re- quired to amend the CCRs. “In addition to CCRs, most HOAs have rules and regulations. Th ese may have been established by the HOA’s developer, but most oft en, these additional rules are put into place by an association’s board of di- rectors. In New Jersey, HOAs are usually non-profi t corporations with bylaws. Th ese bylaws typically outline the powers of the board of directors. In nearly all cases, the bylaws give some measure of rule-making authority to an association’s board of di- rectors. Unlike CCR amendments, which require a homeowner vote, HOA rules out- side of the CCRs can usually be changed by a vote of the board, without any home- owner input. However, boards cannot es- tablish rules that confl ict with the CCR’s or the bylaws. If there is a confl ict, prior- ity is given to the CCRs, then the bylaws and then HOA rules. An HOA rule that confl icts with CCRs or bylaws will be un- enforceable.” n Do you have an issue with your board? Are you wondering how to solve a dispute with a neighbor? Can’t fi nd information you need about a building’s fi nances? Our attorney advisors have the answers to all of your legal questions. Write to The New Jersey Cooperator and we’ll publish your question, along with a response from one of our attorney advisors. Questions may be edited for taste, length and clarity. Send your questions to: david@ cooperator.com. Q&A Disclaimer: Th e answers provided in this Q&A column are of a general nature and cannot substitute for professional advice regarding your specifi c circumstances. Always seek the advice of competent legal counsel or other qualifi ed profes- sionals with any questions you may have regard- ing technical or legal issues.