CAI-NJ May 2022 Community Trends

COMMUNITY ALERT... from page 32.

Associations: Are You in Compliance with New Jersey Law? CAI-NJ is proud to offer members Alternative Dispute Resolution (ADR) Mediation Services This program is an alternative to litigation, as mandated by state law. This service includes negotiation and mediation with a neutral party, and is offered to community associations. Use our trained mediators to quickly and economically resolve your dispute. Examples of disputes covered are: • Parking • Pets • Noise • Rules Violations • Maintenance Problems CAI Member’s Only: $400.00 For information on CAI-NJ’s ADR Program, please contact us at: Phone: (609) 588-0030 • Email: adr@cainj.org

does the period of time the association has to file a claim against a developer start to run. It is important to note, however, that New Jersey’s ten-year Statute of Repose remains in effect. That law provides that no one may sue a developer, subcontractor, or design pro fessional more than ten-years after “substantial completion” of an improvement. Hence, in a matter where the owners took control of the board seven years after substantial com pletion of at least some of the components of a community association project, the board would have only three years to file a claim concerning those components, not the full six years provided by the SOL. If your community is going through the process of tran sition, or if you have any questions about the Statutes of Limitations or the Statute of Repose, you should immediately consult with your legal counsel to ensure that your construc tion defect claims are appropriately preserved. n

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