N.J. Admin. Code § 5:26-8.1

Current through Register Vol. 56, No. 24, December 18, 2024

Section 5:26-8.1 - Formation of the association

(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.

N.J. Admin. Code § 5:26-8.1

Amended by 52 N.J.R. 1057(a), effective 5/18/2020