CAI-NJ July 2021

WHAT’S IN A BOARD LEADERSHIP DEVELOPMENT WORKSHOP, FROM PAGE 20.

owners can resolve disputes between one another or with the association. Even if not required, it is a very wise idea for communities to enact policies for alternative dispute resolution (“ADR”)—often through a resolution passed by the association’s board of directors. In the end, the goal of the association is to work together to efficiently benefit the community. In the past several years, there have been numerous stat- utory and regulatory changes that significantly impact asso- ciations; for example, New Jersey’s Radburn Election Law and subsequent DCA regulations to the Planned Real Estate Development Full Disclosure Act (“ PREDFDA ”). While these laws will supersede an association’s governing documents, those documents should still be updated to reflect these legal changes. Navigating these updates can be challeng- ing: associations should work with the associations’ counsel to guide them through this process. n

at the CAI-NJ Office in Freehold, NJ AUGUST 5 & 6, 2021 Dates: BOARD LEADERSHIP DEVELOPMENT WORKSHOP Join CAI-NJ for a

For details visit www.cainj.org

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