Property Management
In NJ, a property management company that manages the common areas of a homeowners association must comply with the HOA's governing documents AND:
AOnly the federal Housing Act
BThe NJ Planned Real Estate Development Full Disclosure Act (PREDFDA) and Condominium Act as applicable, as well as general agency and fiduciary principles✓ Correct
COnly the local municipal code
DCAFRA regulations if located in the coastal zone
Explanation
HOA management in NJ must comply with the association's governing documents, PREDFDA (for planned real estate developments), the NJ Condominium Act (for condos), general agency and fiduciary duties, and applicable state and local laws.
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