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New Jersey Condominium Act

The New Jersey Condominium Act establishes rules and regulations for the creation and management of condominiums in the state. It outlines the rights and responsibilities of condominium associations and owners, including the process for governance, maintenance, assessments, and dispute resolution. The Act ensures that associations operate fairly and transparently, protecting the interests of all unit owners. It also addresses important aspects such as the sale and leasing of units, financial responsibilities, and the handling of common areas, promoting a harmonious living environment within condominium communities.