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Condominiums › Residential Real Estate Market › Subdivision

Bilzin Sumberg

Vertical Subdivisions Receive Recognition in 2024 Amendments to the Condominium Act

Bilzin Sumberg on

This year’s extensive condominium bill CS/CS/CS/HB 1021 (“HB 1021”) containing amendments to the Condominium Act created a new Section 718.407 entitled “Condominiums created within a portion of a building or within a multiple...more

Obermayer Rebmann Maxwell & Hippel LLP

No Subdivision, No Problem New Jersey’s Best Kept Development Secret, Create a Condominium

Obermayer Rebmann Maxwell & Hippel LLP on

As our economy’s uptick continues to favor buyers, developers often find large parcels of contiguous property spanning across acres of land for sale. Less experienced developers lacking knowledge and capital shy away from...more

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