Associations Rejoice: Florida Appellate Courts Breathe New Life into Controlling Documents for Community Associations
It has been commonplace in Florida for condominium owners or homeowners to move into a community and then challenge the propriety or validity of the governing documents which, by virtue of purchasing in the community, they agreed to be bound by at the closing table. It wasn’t until late 2014 and again in 2015 that the Florida First and Fourth District Courts of Appeal clarified that a homeowner only has five years from either the date the challenged documents were recorded or five years from the date the condo/homeowner took title to the property. The rationale arises from Florida Statute § 95.11(2)(b), which provides that “[a] legal or equitable action on a contract, obligation, or liability founded on a written instrument… shall be commenced within five years.” Read the article…………..
HOA Super Priority Legal Battles Continue in the Silver State: What Senate Bill 306 Means for Nevada HOAs, Lenders and Homeowners
In 1991, the Nevada Legislature enacted the Uniform Common-Interest Ownership Act (UCIOA) which had been promulgated by the National Conference
An issue currently waiting for a vote by the Florida Supreme Court has many community management professionals in Florida deeply
New resale disclosure requirements for Maryland condominiums and homeowner associations apply beginning October 1, 2016. Condos will now be required