Can HOA Deny Cash Payments in New Jersey?

Question:

My HOA will not accept cash payments. Do New Jersey HOA’s legally have to accept a cash payment? Thank you.

– Katie

 

Answer:

Hi Katie,

I am not aware of a law in New Jersey that requires HOAs to accept cash payments. That said, you should check your governing documents to see if your HOA is mandated by its CC&Rs or bylaws to accept cash payments.

 

Disclaimer: We are not lawyers. The information provided on this website does not constitute legal advice.

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