As we enter the last quarter of 2024, we want to again remind our New Jersey community association clients to review whether their buildings require structural inspections pursuant to the new Structural Integrity Law...more
As the end of the year approaches, there has been no determination that community associations will be relieved of the requirement to comply with the Corporate Transparency Act (CTA). While we remain hopeful of a legislative...more
9/18/2024
/ Beneficial Owner ,
Community Associations ,
Compliance ,
Condominium Associations ,
Corporate Governance ,
Corporate Transparency Act ,
Deadlines ,
FinCEN ,
Homeowners Association (HOA) ,
Penalties ,
Reporting Requirements
We are now halfway through 2024 and we want to again remind our community association clients to check their reserve study status to ensure compliance with the January 8, 2024 law relating to reserve studies and reserve...more
On January 1, 2024, the Corporate Transparency Act (the “CTA”) became effective. The main goal of the CTA is to combat financial crimes by enhancing transparency in the ownership and control of corporations. ...more
1/24/2024
/ Beneficial Owner ,
Community Associations ,
Compliance ,
Condominium Associations ,
Corporate Governance ,
Corporate Transparency Act ,
Deadlines ,
Filing Deadlines ,
FinCEN ,
Homeowners Association (HOA) ,
Penalties ,
Reporting Requirements
What are the different types of association meetings? How do you know what type of meeting to have? Community associations have board meetings and member meetings; knowing the difference and scheduling the right meeting is...more