We are now ready to downsize; what rights would we give up if we moved to a condominium or homeowner’s association community?
While all property owners have rights, these rights are limited when you live in a planned real estate community. You give up the unfettered use of your property in exchange for the confidence of knowing that the value of your property and safety of your community will be safeguarded by an association.
In order to get these benefits, property owners need to accept the fact that their rights will be somewhat limited. They have to follow the rules outlined in master deed restrictions and declarations. They can’t simply do anything they want with their property. Disputes can arise between an association and members over their respective rights. Our law firm can help resolve and/or litigate these disputes. We offer guidance to associations and association members; we make sure that all concerned comply with the community’s governing documents and applicable New Jersey law.