Upcoming Events

Upcoming Events

August 13, 2020 5:00 pm - 9:00 pm
 
Martell's Tiki Bar
308-310 Boardwalk
Point Pleasant, NJ 08742
 
For more information and to register: https://cainj.org/events/

 

April 14, 2020

Legislative Bills S2330/A3908 Tabled – For the Moment

I hope you and your family had a nice weekend despite the social distancing.  I write to follow up on my April 10th e-mail.  This morning the Senate met virtually and tabled S2330.  You may read the bill by clicking here: https://www.njleg.state.nj.us/2020/Bills/S2500/2330_I1.PDF.   A3908 is currently identical.  My understanding is that, when the Assembly meets this afternoon, it will table A3908. 

Thank you to everyone who reached out to their Senators and Assembly Members and voiced concern on these bills.  They could cripple Condo. Co-Op and HOA cash flow.

The fact that these bills are tabled for the moment however does not mean that we should rest.  Versions of these bills will likely resurface shortly.

If you have not done so already, please reach out to your State Senator and Assembly Members and voice your concerns.  Contact information for State Senators and Assembly Members may be found here:  https://www.njleg.state.nj.us/members/legsearch.asp

I have written the following: “Dear Senator and Assembly Members:  Please revisit the above bill and either exempt or make specific provision for collection of Condo, Co-op and HOA assessments.  These Associations are financed on zero-based budgets.  There is no profit built in.  The annual expenses are distributed among the members.  If the assessments are not collected, the Associations will not have the funds to pay their expenses.” 

I cited the below as language some associations are using when considering forbearance requests: 

 •          Arrearage will accrue for May and June 2020’s assessments (the “Accrued Assessments”).

•           Late fees will accrue for May and June 2020’s assessments (the “Accrued Assessment Late Fees”).

•           Membership rights will not be suspended for failure to timely pay May and June 2020’s assessments so long as they are paid as provided for in this agreement.

•           Unit Owner must timely pay all Association obligations arising on July 1, 2020 and thereafter beginning on July 1, 2020 and thereafter.

•           Unit Owner must also pay Accrued Assessments in six equal payments beginning on July 1, 2020 and on the first day of each month thereafter until all Accrued Assessments are paid in full.

•           So long as the Accrued Assessments are timely paid in six equal payments beginning on July 1, 2020 and on the first day of each month thereafter and all Association obligations that arose on July 1, 2020 and thereafter are timely paid in full, the Association will waive Accrued Assessment Late Fees;

•           So long as this agreement is timely complied with, the Association will forebear from collection action with respect to the Accrued Assessments.

•           So long as the Accrued Assessments are timely paid in six equal payments beginning on July 1, 2020 and on the first day of each month thereafter and all Association obligations that arose on July 1, 2020 and thereafter are timely paid, the Association will take no legal action with respect to the Accrued Assessments.

I noted that Associations are addressing forbearance agreements depending on their populations and financial positions.  So, for example, certain Associations are forbearing for May and June while others may be forbearing for longer. 

I advised that, although we may or may not represent an Association in their District, the Associations in their district work hard to keep the Associations on sound financial footing.  I suggested that the Legislators contact the President of one of the Associations in their district for feedback. 

Again, please reach out to your State Senators and Assembly Members.  Emphasize the great work that you do, emphasize that your Association is showing flexibility via forbearance agreements (if true) and emphasize that, though perhaps well-intentioned, hampering Associations’ ability to collect will do more harm than good.  Thank you.

 

To mitigate the impact of COVID-19 and protect the capacity of New Jersey’s health care system for the state’s most vulnerable, Governor Phil Murphy today signed Executive Order No. 107, directing all residents to stay at home until further notice. The order provides for certain exceptions, such as obtaining essential goods or services, seeking medical attention, visiting family or close friends, reporting to work, or engaging in outdoor activities.

The full order can be found on: https://nj.gov/infobank/eo/056murphy/pdf/EO-107.pdf

Please contact our office with any questions at 732-246-1221. Our office remain open as our dedicated staff are working remotely.

 

The Event Center @ iPA, 110 Schanck Road, Freehold, NJ 07728

A must attend for all board members, property managers, condo & HOA decision makers and apartment building owners.

Learn about the latest services from more than 300 exhibitors. Attend educational seminars, network with your peers and get free advice from industry experts.

Please visit McGovern Legal Services at our two booth's 813 and 201.

Two Day Event being held on October 14th and October 15th.   

FREE Admission and Catered Breakfast & Lunch for All Attendees

More Details to Follow!

Convention Hall in Asbury Park, New Jersey 07712
McGovern Legal Services is a proud sponsor of FirstService Residential's 2020 L.E.A.D.S. Event taking place at the Asbury Park Convention Hall on Thursday, September 24th.

L.E.A.D.S. Learn. Evolve. Achieve. Deliver. Succeed.

FirstService Residential has been providing New Jersey property management services and solutions for more than 25 years. Working alongside community associations, homeowners associations, and condominium associations to become the region's premier property management company.

More details to follow.

September 17, 2020, 3:00 - 9:00 p.m. Thompson Park, 1701 Perrineville Road, Monroe Twp., NJ 08831

The team at McGovern Legal Services looks forward to the competition at the 2020 CAI-NJ Olympics being held at Thompson Park in Monroe Township

For more information click here:  https://www.cai-nj.org/event-3561248

Forsgate Country Club, 375 Forsgate Drive, Monroe Twp., NJ 08831

 

 

McGovern Legal Services will be participating at the annual Dennis R. Casale Memorial Golf Outing on Monday, September 14, 2020.  Registration and Lunch begin at 11:00 a.m.

For more information visit https://www.cai-nj.org/event-3561232

Wednesday, November 4, 2020 from 10:00 am to 4:00 pm Meadowlands Exposition Center, 355 Plaza Drive, Secaucus, NJ

A must attend for all board members, property managers, condo & HOA decision makers and apartment building owners.

Learn about the latest services from more than 300 exhibitors. Attend educational seminars, network with your peers and get free advice from industry experts.

Come visit McGovern Legal Services at booth # 707

For more information click here: https://nj-expo.com/

 

 

Event Center at iPlay America, 110 Schanck Road, Freehold, NJ 07728

Thursday, February 20, 2020, 6 - 10 p.m.

Each year, Community Associations Institute celebrates excellence in the industry during the Annual Awards Dinner. McGovern Legal Services attorneys will be attending this annual event.

For more information click here: https://cainj.wildapricot.org/widget/event-3612686

 

February 20 - 21, 2020 Harrah's Resort & Casino 777 Harrah's Blvd. Atlantic City, NJ 08401

The 2020 IREM Tri-State Conference & Expo will be held February 20 & 21, 2020 at Harrah's Resort & Casino in Atlantic City, NJ. This annual two-day event attracts real estate professionals, property managers, and building engineers throughout New Jersey, Pennsylvania, and Delaware.

We welcome all to visit McGovern Legal Services at Booth 105 during the 2020 IREM Tri-State Conference & Expo.

For more information click here; https://iremnj.org/meetinginfo.php?id=55&ts=1574178873

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