Monday, April 22, 2013

Watch out for proposed laws that will lead to special assessments

This Op Ed represents an interesting point of view and is worth reading for condominium owners and association managers.   Particularly germane to struggling associations is the fact that even seemingly benign proposed legislation can make it difficult for the association to meet its financial obligations.  Invariably large special assessments can follow.

Read this column for a good explanation of this issue.

Lieberman &Blecher represents community associations in New Jersey.   Www.liebermanblecher.com

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