Modern OG history 2018: Ground Rents (Re—Appeals Court ruling)
To the Editor:
Having now read the court decision, its not as interesting as I thought it might be.
Condos can’t avoid their ground lease payments.
Pathway Condos (30 Ocean Pathway) and Dardanelle Condos (40 Ocean Pathway) filed a lawsuit last year trying to avoid paying the annual ground lease to the OCGMA arguing that a provision of the NJ Condominium law did not allow condos to be on leased property.
Last year a trial court ruled against the condos. This week the NJ Appellate Court agreed and ruled that the condos have to pay the land lease to OCGMA.
Bernie the Attorney
The writer is a real attorney who writes under the name Bernie—- special to Blogfinger.
Editor’s Note: So now we can stop kvetching over this, unless someone wants to take the issue of ground rents to the Supreme Court.
And the Home Groaners can stop spending the members’ money on useless lawyers. Why don’t they make public that lawyer’s opinion about ground rents. I think it cost $7,000.00
The HOA members and the public have a right to see it, especially those who are directly concerned with this matter—eg the condo owners and the CMA. Post it on the HOA’s useless web site Muckandgibberish.com
Paul Goldfinger, MD, for the Blogfinger Editorial Board.
And here’s a link about ground rents by Kevin Chambers
THE BEATLES with a little known song, but I like it—having nothing at all to do with ground rents.
“Don’t Let Me Down” from the Blue Album