Condo Association Responsibilities

N.J.S.A. 46:8B-14

Enumerates the mandatory duties of a condominium association, the costs of which are common expenses: maintenance, repair, replacement, cleaning and sanitation of common elements (a); assessment and collection of common-expense funds (b); adoption, distribution, amendment and enforcement of rules governing use of the condominium, including reasonable fines, assessments and late fees if authorized by the master deed or bylaws and subject to the right of a majority of unit owners to change such rules (c); maintenance of fire/broad-form casualty insurance on common elements and structural portions (d); maintenance of liability insurance for personal injury and death within the common elements (e); and maintenance of accounting records under generally accepted accounting principles, open to inspection at reasonable times by unit owners (g). Subsection (k) requires the association to provide a fair and efficient procedure for resolving housing-related disputes between unit owners and the association (and among unit owners) as an alternative to litigation; a unit owner may notify the Commissioner of Community Affairs of noncompliance, and the Commissioner may order compliance.