New Year, New Lien

Posted by on Jan 7, 2020 in Assessments, Collections, Foreclosure, Legislation

Community Associations Should Take Advantage of New, Increased Lien Priority Legislation

On April 29, 2019, Governor Murphy signed into law a package of foreclosure bills designed to help owners keep their homes, shorten the time a house sits vacant, and prevent abandoned properties from becoming eyesores. Of specific interest to community associations was the expansion of the statutory “lien priority.” The new law now provides that both condominium and homeowner associations are eligible to receive a six-month “rolling” lien priority. This means that instead of having a priority for only six months of assessments, an association may be eligible to claim a six-month priority for every year that it has a recorded lien (up to five years).

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Updated Lien Priority Law Benefits Condominium and Homeowners Associations in New Jersey

Posted by on Mar 29, 2019 in Collections, Foreclosure, Legislation, Uncategorized

By Ronald L. Perl, Esq., CCAL

On March 25, 2019, the New Jersey Legislature passed a bill that will enhance the lien priority for condominium associations and, for the first time, give the same lien priority to homeowners associations.

If this legislation is signed by Governor Murphy, both condominium and homeowners associations will enjoy a limited priority over all other liens (except for municipal liens or liens for federal taxes). The legislation would amend the lien priority provisions already contained in the Condominium Act and add the lien priority provisions in the Planned Real Estate Development Full Disclosure Act (PREDFA).

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CAI-NJ CALL TO ACTION: Zombie Foreclosure Legislation is Scheduled for a Vote on Thursday, January 4, 2018!

Posted by on Jan 3, 2018 in Foreclosure, Legislation, Uncategorized



CAI-NJ’s Legislative Action Committee has issued a call to action for all New Jersey community associations.


Assembly Bill No. 3823 is scheduled for a vote before the New Jersey General Assembly on Thursday, January 4, 2018. This proposed legislation seeks to amend the law, which currently allows for an expedited mortgage foreclosure process (although not mandatory) for vacant and abandoned (“zombie”) properties. Specifically, this legislation proposes to allow community associations to either: (1) compel payment of association fees by the mortgage lender when the lender fails to proceed with the foreclosure process on a vacant and abandoned property in an expedited fashion; or (2) compel the appointment of a fiscal agent (receiver) over the abandoned property.

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CAI Webinar: New Federal Rules on Mortgage Closings, New Changes for Community Associations

Posted by on Aug 28, 2015 in CAI, Foreclosure, Legislation, Speaking Engagements

The U.S. Consumer Financial Protection Bureau’s “Know Before You Owe” mortgage closing rule becomes effective on October 3, 2015. The new federal rule sets in motion sweeping changes to the disclosures borrowers receive about their mortgage loans and closing costs when buying or refinancing a home. After October 3rd, community associations and their managing agents will be required to provide very specific and accurate information earlier in the process.

In order to prepare you for these changes, Ronald L. Perl, Esq., the partner-in-charge of Hill Wallack LLP’s Community Associations Group, will be participating in a Live Webinar on Wednesday, September 2, 2015, from 2:00 p.m. to 3:00 p.m. Joining Ron will be Dawn Bauman, CAE,  senior vice president of government and public affairs for Community Associations Institute (CAI) and C. Scott Canady of Tambala Strategy.

Earn Continuing Education Credit and learn about these important, new requirements and ask questions to help incorporate these new rules into your association’s everyday practice.

For more information and to register to attend this Webinar, click here.

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Join Us at the 2015 New Jersey Cooperator’s Condo, HOA and Co-op Expo on Saturday, May 9, 2015!

Posted by on Apr 26, 2015 in Alternative Dispute Resolution, Architectural Controls, Assessments, Board Meetings, Books and Records, Collections, Contracts, DCA, Disability Accommodations, Fair Housing, FDCPA, FHA, First Amendment Rights, Foreclosure, Municipal Services Act, New Jersey Cooperator

Hill Wallack LLP‘s Community Association Practice Group will be exhibiting at the 2015 New Jersey Cooperator’s Condo, HOA and Co-op Expo on Saturday, May 9, 2015, 10:00 a.m. to 4:30 p.m., at the Meadowlands Exposition Center in Secaucus, New Jersey.

Join board members, property managers, building owners and real estate professionals and meet building service companies, attend educational seminars and get your questions answered by a member of our team at Booth 600.

For more information or to register to attend, click here!

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Foreclosure Relief: New Law Mandates Mortgage Lenders Must Maintain Abandoned and Vacated Properties During the Foreclosure Process

Posted by on Jun 2, 2014 in Foreclosure, Legislation

By Jonathan H. Katz, Esq.

In a move that may provide some relief for New Jersey’s community associations dealing with vacant and abandoned units, on May 15, 2014, New Jersey Governor Chris Christie signed into law P.L. 2014, Ch. 5 (A-347/S-288), which requires mortgage lenders pursuing residential foreclosures to provide notice to the municipality of the action and to maintain certain abandoned or vacated properties, including those properties in condominiums and homeowners associations.

The law requires that, if a residential property becomes vacant at any time after the mortgage lender files a foreclosure complaint, including matters that are currently pending as of the law’s enactment, the lender must rectify any code violations upon notice from the municipality. The law also authorizes municipalities to impose penalties on mortgage lenders who fail to timely remedy code violations for these properties within a certain time frame. The new law takes effect on July 14, 2014.

You can read the full text of this legislation here.

For more information on this legislation or any other issue concerning your community association, please contact one of our Community Associations attorneys. For breaking news or updates on new blog posts, follow us on Twitter at: @njcondolaw.

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