New ADR Law in NJ Balances Rights of Homeowners and Community Boards ~ The National Arbitration Forum Blog

Monday, August 22, 2005

New ADR Law in NJ Balances Rights of Homeowners and Community Boards

As reported in the Ashbury Park Press, the New Jersey Assembly has passed a new bill called the New Jersey Uniform Common Interest Ownership Act (UCIOA).

Quoting from the article, this bill...
establishes a consistent set of board powers and limitations that will apply to all associations, thereby ending confusion over the rights of boards.

The UCIOA creates a balanced and detailed approach to dispute resolution. The UCIOA dispute process begins with mediation and ends with either binding or non-binding arbitration. Although disputes occur, they do not have to become intractable. This bill creates the infrastructure for fair and expeditious dispute resolution.

Full Article