NEW BRUNSWICK – The New Jersey State Bar Association is sponsoring an inaugural seminar on Condominium and Community Association Law on Thursday, March 29 from 7-9 p.m. at the New Jersey Law Center in New Brunswick off Ryders Lane. The free event is open to the public, but reservations are required.
Condominiums and other common interest communities are popular residential options as they often present affordable housing alternatives for both owners and renters. Residents share facilities, benefit from shared services and the use of recreational amenities, and contribute their share of the costs to operate and maintain the common facilities. But precisely because of the special aspects of such properties, it is important for residents and those interested in the condominium option to know all the facts related to condominium living.
Christine F. Li, a partner in the real estate department of Greenbaum, Rowe, Smith & Davis LLP, Woodbridge and Roseland, and Francis J. McGovern of McGovern Legal Services, Brick, will be the speakers at Thursday’s seminar. They will discuss the special issues faced by condominium and pose solutions to the financial and operations problems worsened by difficult economic times. The speakers will also detail the benefits of condominium ownership and address how to enhance the advantages of condominium living and the value of investments that owners have made in their homes.
Specific topics will include common legal and financial problems of those communities, working with the association and its board, the services of professionals such as property managers and accountants, issues in buying and selling condominium units, and litigating and resolving disputes. A question-and-answer period will follow the presentations.
For more information, call the New Jersey State Bar Foundation at 1-800-FREE-LAW or visit www.njsbf.org.
Connect with NJTODAY.NET
Join NJTODAY.NET's free Email List to receive occasional updates delivered right to your email address!