New Jersey Administrative Code
Title 5 - COMMUNITY AFFAIRS
Chapter 26 - PLANNED REAL ESTATE DEVELOPMENT FULL DISCLOSURE ACT REGULATIONS
Subchapter 8 - COMMUNITY ASSOCIATIONS
Section 5:26-8.1 - Formation of the association
Universal Citation: NJ Admin Code 5:26-8.1
Current through Register Vol. 56, No. 18, September 16, 2024
(a) The developer shall form, or cause to be formed, an association whose obligation it shall be to manage the common elements and facilities.
1. An association may be formed as a
for-profit or nonprofit corporation, unincorporated association, or any other
form allowed by law.
(b) An association shall be formed on or before the filing of the master deed or declaration of covenants and restrictions.
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