COVID-19 Kessler Law Update

Archive: 2020

Open Letter to Our Community Association Clients

Posted April 5, 2020Adam S. Kessler, Esq.Publications

As we all confront the health and business challenges resulting from the Coronavirus, please know that we are here to help. 

Some of you have already started to reach out to our team to prepare for an inevitable consequence of the current pandemic, collection of delinquent assessments from unit owners ... 

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Open Letter to Our Clients and Friends 3/27/2020

Posted March 27, 2020Adam S. Kessler, Esq.Publications

To our Clients and Friends:   As we all confront the health and business challenges resulting from the Coronavirus, please know that we have the ability, background and commitment to help our clients address these challenges.   ...  

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What New Jersey Private/Hard Money Lenders Need to Know About Usury

Posted March 3, 2020Adam S. Kessler, Esq.Publications

The rule of thumb in New Jersey is that private and hard money lenders should only originate loans where: (1) the borrow is a corporation, limited liability company or limited liability partnership; and (2) the security for the loan is non-owner occupied properties purchased for investment purposes.  Where the above two rules of thumb are followed, New Jersey private and hard money lenders should be exempt from civil usury restrictions and subject only the criminal usury restriction of 50% per annum.

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