Q I am the president of a co-op. We had a full time employee as our property manager. I stress the words: full time. My predecessor had a son, who was allowed to go into business with our full time manager. Their company was a building ma…
Q Our cooperative board has approved a buyer for one of our units. The seller and prospective buyer have already gone to contract. There are presently a number of board members who have second thoughts about approving the buyer and would …
Q I am on the Board of Directors of a 336-unit condominium in New Jersey. My question is in reference to the Contractors’ Registration Act Title 56: 8-138. It requires contractors to register with the state if they are doing residential w…
Q I live in a co-op with 41 units in Ocean City, New Jersey, and would be interested in knowing what the New Jersey co-op law is in regards to the number of shares that are proportionate to the size of the apartment occupied. Presently, t…
Q I am a condo board member and we are dealing with a shareholder who is consistently behind in his arrears. We are considering filing a lien against the delinquent owner and foreclosing. Is this our best course of action? —Concerned …
Q I purchased a home that was incorporated per the public offering statement as an age-55-restricted and gated adult community. It currently is neither an age-restricted community (as stipulated in the federal law), nor a gated community,…
Q I live in an adult community that is putting in a new card access system. Our community allows 19-year-olds and above to live here also. The board is going to be allowing two access cards per home, then the homeowner must purchase cards…
Q We are an adult community consisting of a complex of three separate buildings. Ten directors make up the officers and manage the community with each individual condo building managed by three trustees. The community has no Alternativ…
Q Prior to 1995, all common expenses for our condo association were charged equally to all unit owners, as mandated by our master deed and the New Jersey Condominium Act. Since 1995, that portion of our condo association’s common expenses…
Q I am a condo owner living next to a building that is primarily rental units. There is a telephone pole in the back corner of the condo property and there are about a dozen wires coming from it to the neighboring building. Being that the…