Docket Room
A 5306·NJ·house

Modifies capital reserve funding requirement for associations of planned real estate developments.

In CommitteeFiled Jun 23, 2026
Sponsor: Don Guardian (R)
Latest Action

Introduced, Referred to Assembly Housing Committee

Jun 23, 2026

Summary

A5306 would alter the existing capital reserve funding requirement that associations of planned real estate developments must follow. The change would affect those associations and the owners they serve by adjusting how reserve funds are calculated or maintained. The goal is to update financing rules that support long‑term maintenance and stability of planned communities.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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