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Condo Services Act amended.

A negotiated amendment to the Municipal Services Law (or "Condo Services Act") was favorably voted on Nov. 16, 1992 in a Senate Community Affairs Committee hearing led by Senator John Dorsey, announced the New Jersey chapter of Community Associations Institute (CAI).

"An Assembly Committee hearing on the amendment is now scheduled for Nov. 23, 1992 and passage of the amendment by the full Senate and Assembly is expected to take place in the very near future, when it is presented for a vote," stated Ben Lambert, CAI president-elect.

The amendment was recently negotiated by CAI and the New Jersey League of Municipalities in an effort to settle litigation over the Municipal Services Law that is now pending in the New Jersey Supreme Court. As this litigation ends, 750,000 New of the Law.

Jersey citizens living in condominiums, cooperatives and planned communities will finally be able to reap the benefits The Municipal Services Law ends double payment through both real estate taxes and Association fees by condo owners for municipal services such a garbage and recyclable collection, snow removal and street lighting.

Attending the hearing included representatives from CAI: Ben Lambert, Lynn Lobas, Gary Rosen and Michael Peace, the New Jersey League of Municipalities and CAPA.

CAI is a national association of owners, managers and residents of condominiums, cooperatives and planned communities. The New Jersey Chapter's activities include serving as a management resource for Board Members of community associations, and advocating its members' interests on legislative issues.
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Title Annotation:negotiated amendment to Municipal Services Law approved by New Jersey Senate Community Affairs Committee affects municipal services provided to condominium owners
Publication:Real Estate Weekly
Date:Dec 16, 1992
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