Court Affirmed Dismissal Of Breach Of Fiduciary Duty Claims Against Condo Board Members
In Brown v. Hensley, a condominium complex was damaged by a hurricane, and the board of the complex allowed the complex to be demolished. No. 14-14-00981-CV, 2017 Tex. App. LEXIS 727 (Tex. App.—Houston [14th Dist.] January 26, 2017, no pet. history). Some of the unit owners sued the board for breach of fiduciary duty and other claims arising from this decision. The trial court granted the board members’ motion for summary judgment. Read the article………….
A little over seven months have passed since the Supreme Court of Florida heard oral arguments from the attorneys for
Illinois legislature may restrict arbitration as option for resolving condo association-developer disputes
Commonly used, cost-effective measures for resolving disputes between Illinois condominium developers and association boards may soon be declared void as
Federal Housing Finance Agency Publishes Rule Regarding Capital Contributions, CondoFees, Flip Taxes, HOA Transfer Fees, etc.
The Federal Housing Finance Agency (“FHFA”) recently published a Notice of Proposed Rulemaking directing Fannie Mae, Freddie Mac and the