My condo association has charged maintenance fees in excess of my percentage interest. Can I sue under NJ Consumer Fraud Act?

When I purchased my unit in 2007, my Association certified my monthly assessment as $420.14 per month. I later learned that the total Association monthly assessment is $35,674.96. My percentage interest in common expenses is 1.03682 percent, so my monthly payment should be only $369.89. There are no provisions in our master deed or by-laws for any other charges. This information was confirmed by a CPA hired by the Association to perform an audit. The Association misrepresented a material fact in connection with the sale of real estate being offered to the general public. The CFA does not require proof of intent to mislead, only the capacity to mislead. I relied on the information provided by the Association and have an ascertainable loss inasmuch as I have overpaid each month.

Montclair, NJ -

Attorney Answers (1)

Dewitt Clearwell Liu

Dewitt Clearwell Liu

Real Estate Attorney - Jersey City, NJ
Answered

In addition to the master deed and bylaws, it may be helpful to look at the public offering statement as well. Without reviewing the relevant documents, it's difficult for an attorney on this website to determine whether the Consumer Fraud Act applies. Consult an attorney in your area who practices consumer protection law. You can also file a complaint with the Office of Consumer Protection (OCP) at http://www.njconsumeraffairs.gov/ocp/. Their response will help you determine whether the Consumer Fraud Act applies in your case.

Related Topics

Condominiums

When you buy a condo, you own your individual unit, and all unit owners share joint ownership of the common areas, which are controlled by management.

Featured Legal Guides

HOA fees

HOA fees are money that owners must pay to the HOA, often monthly or quarterly, to pay for things like maintaining/improving common areas, like a pool or lobby.

Featured Legal Guides

Barbara Billiot Stage

HOA Foreclosures

by attorney

What you need to know in order to keep your home. No Defenses Florida law guaranteeing the rights of associations to receive assessments is very... more

Questions? An attorney can help.

Ask a Question
Free & anonymous.
Find a Lawyer
Free. No commitment.