N.J. Stat. § 45:22A-43.1

Current through L. 2024, c. 62.
Section 45:22A-43.1 - Developer, document preparation, preventative maintenance tasks over life of common area components; schedule; timing

The developer shall prepare a document which sets forth the preventative maintenance tasks to be undertaken by the association over the life of the common area components. This preventive maintenance document shall provide the maintenance schedule and timing for preventive maintenance, including, but not limited to, periodic inspections of the structural components of the buildings or common areas which the association is obligated to maintain. The developer shall include within the budget prepared in accordance with the rules and regulations adopted pursuant to section 15 of P.L.1977, c.419 (C.45:22A-35) all operating expenses associated with the preventative maintenance set forth in the preventative maintenance document prepared pursuant to this section. The preventative maintenance document shall be updated at the completion of any structural inspections performed pursuant to P.L.2023, c.214 (C.52:27D-132.2 et al.) in order to reflect and address any required corrective maintenance.

N.J.S. § 45:22A-43.1

Added by L. 2023, c. 214, s. 9, eff. 1/8/2024.