NJ A476

Requires homeowner association executive board elections to be held every two years, administered by an independent election committee of at least three association members who are not current board members or candidates

Limits executive board member terms to two years and caps board size at three members for communities with fewer than 11 units, with a default of five members for larger communities

Mandates two written election notices: the first at least 60 days before the election announcing nomination procedures, and the second 14-30 days prior with official candidate lists and ballots

Establishes recall procedures allowing removal of board members by majority vote at a special meeting, which can be initiated by petition of 10% of association members

Requires association member approval for "qualifying expenditures" exceeding $100,000 or maintenance fee increases above the Consumer Price Index, with 30 days advance notice before voting, except for emergencies or regulatory compliance