Bill

A 2450

Relates to requiring instruction in cursive writing as part of the basic education program

2025 Regular Session Introduced by Marianne Buttenschon and 4 co-sponsors

Requires licensure of community management entities that contract with HOAs, condos, or co-ops in NJ, with penalties up to $4,000 per unlicensed new contract.

PRINT NUMBER 2450A

WeVote Research Nonpartisan

Bill Summary · A 2450

Note on title: The title you provided (requiring instruction in cursive writing) does not match the bill text and documents supplied. The bill materials for A2450 / A2450A address licensure of community management entities. The summary below reflects the actual bill content.

Summary — Assembly Bill A2450 (Print No. 2450A)

Short title: An Act requiring the licensure of community management entities (supplementing P.L.1993, c.30).

Main purpose

To require state licensure of entities that contract to provide management services to associations of planned real estate developments (e.g., homeowners’ associations, condominiums, cooperatives) and to establish regulatory and enforcement authority for the Department of Community Affairs (DCA).

Key provisions

Licensure requirement
- The Commissioner of Community Affairs must establish a system to license “community management entities” that intend to contract with associations of planned real estate developments to perform management services.
- After the bill’s effective date, an entity may not enter a new contract to serve as a community management entity in New Jersey unless it holds a license issued under the law.
- The prohibition applies to entering new contracts; the bill does not explicitly state it terminates or invalidates existing contracts entered before the effective date.
Experiential prerequisites
- The commissioner must establish experiential prerequisites (qualifications/experience) that an applicant must meet before obtaining a license.
Definitions — examples
- “Community management entity”: a person or entity who, for consideration or expectation thereof, performs management services for an association of a planned real estate development.
- “Management services” include, but are not limited to:
- Acting with the association’s authority in business, legal, financial, or other transactions;
- Executing executive board resolutions/decisions;
- Collecting/disbursing monies, preparing budgets, administering association finances/property;
- Arranging, conducting, or coordinating meetings; negotiating contracts or purchasing goods/services on behalf of an association.
Enforcement and penalties
- The commissioner may impose penalties on persons or entities violating the new-contract licensing prohibition, not to exceed $4,000 per contract in violation.
- The commissioner must adopt implementing regulations pursuant to the Administrative Procedure Act.

Timeline / procedural aspects

Regulations: DCA must adopt necessary regulations on or before the first day of the seventh month following enactment.
Effective date: The act takes effect on the first day of the seventh month following enactment.
Legislative status (selected):
- Introduced: Jan 9, 2024
- Reported favorably by Assembly Housing Committee: Dec 9, 2024
- Referred to Assembly Education Committee: Jan 17, 2025
- Amended (T) and recommitted to Education; print number updated to A2450A: Apr 4, 2025
- Companion bill in the Senate: S7743

Fiscal impact (per Office of Legislative Services)

Annual state expenditure increase: indeterminate (first-year setup costs and ongoing administration/enforcement for DCA).
Annual state revenue increase: indeterminate (possible penalty revenue; penalties up to $4,000 per violating contract).
Uncertainty arises because the number of entities affected, license fees (if any), enforcement costs, and volume of violations are unknown.

Who is affected

Community management entities and firms that manage HOAs, condominiums, and cooperative associations in New Jersey.
Associations that contract for management services (indirectly affected).
Department of Community Affairs (administration, licensing, enforcement).

If you want, I can:
- Draft a brief comparison showing how this proposal differs from current New Jersey law governing association managers, or
- Prepare a plain-language Q&A for association boards and management firms explaining next steps if the bill becomes law.

Compiled from official sources — confirm details with the bill’s official record.