Riley quoted on homeowners’ suit against a former summer community
Trip Riley, a partner in Saul Ewing’s Litigation Practice, is quoted in this article on his involvement in a lawsuit against the homeowners of the Ramapo Mountain Lakes (RML) community in Oakland, New Jersey. The article explains that RML is claiming homeowners owe dues, while the homeowners claim they shouldn’t owe anything because at the time of purchase, the conditions of the membership were attached to shares of stock as opposed to deed restrictions. About 700 owners or their title companies are being represented by firms Cole Schotz and Saul Ewing.
"If there are home owners who have not yet engaged an attorney and/or do not know if their title insurance company is going to provide them with an attorney, they still should not feel as if on July 28 the guillotine will come down and cut off their rights to response,” Trip said in the article.
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