cooperator 2010 legislaturel

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Taylor Management Company 20 10 The New Jersey Cooperator’s 2010 Condo and HOA Expo Legal and Legislative Update: New Laws, and How They Impact Your HOA Presenting Sponsor: Stark and Stark

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Page 1: Cooperator 2010 legislaturel

Taylor Management Company 2010

The New Jersey Cooperator’s2010 Condo and HOA Expo

Legal and Legislative Update:

New Laws, and How They Impact Your HOA

Presenting Sponsor: Stark and Stark

Page 2: Cooperator 2010 legislaturel

Taylor Management Company 2010

Legislation

• Statutory law created by a legislature (deliberative assembly) commonly know as parliament or congress

• Deliberative assembly is empowered by the people to represent the will of the people for the common good.

Page 3: Cooperator 2010 legislaturel

Taylor Management Company 2010

Significant Laws Passed

• Municipal Fair Services Act

• DCA Five Year Inspections

• Super Lien Law

• Capital Contributions

• Predatory Towing

Page 4: Cooperator 2010 legislaturel

Taylor Management Company 2010

Current Bills Released

• A -2072 Prevent/Eradicate Bedbug Infestation

• A -1700 New Jersey Fair Debt Collection Practices Act

• S -1371 The Owners Rights and Obligations in Shared Ownership Communities Act

• CARA

Page 5: Cooperator 2010 legislaturel

Taylor Management Company 2010

Deliberative Assembly(The Board)

– Balancing the Rights and Responsibilities Within our Communities

– Serve the Unit Owner

– Maintain and Improve the Value

– Zogby International Poll

Page 6: Cooperator 2010 legislaturel

Taylor Management Company 2010

CONCLUSIONQUESTIONS & ANSWERS