Bill
S 3852
Modifies requirements for associations to protect structural integrity of certain buildings; expands timeframes for associations to establish adequate reserves.
2024-2025 Regular Session
Introduced by Carmen Amato and 3 co-sponsors
New Jersey bill extends timelines for property associations to establish reserve funds and modifies structural integrity requirements, balancing association financial flexibility against resident safety protections.
Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee