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Assessments

By A. Christopher Florio on September 7, 2004
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Brandon Farms Property Owners Association, Inc. v. Brandon Farms Condominium Association, Inc.

The New Jersey Supreme Court ruled that under the Condominium Act, N.J.S.A. 46:8B-1 a builder or developer cannot make a condominium association responsible for an individual association member’s failure to pay assessments owed to an “umbrella” organization. In this matter, the “umbrella” organization was the plaintiff, Brandon Farms Property Owners Association which was made up of three separate classes of property owners in the Brandon Farms complex.

Photo of A. Christopher Florio A. Christopher Florio

A. Christopher Florio is a Shareholder and Chair of the Community Associations Group. Mr. Florio has substantial experience in the negotiation of loan transactions, collections, workouts, and real estate law, including foreclosures.

Read more about A. Christopher FlorioEmail
  • Posted in:
    Real Estate & Construction
  • Blog:
    New Jersey Law Blog
  • Organization:
    Stark & Stark
  • Article: View Original Source

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