Does Your Association’s Declaration Preclude Any Recovery From Foreclosing Lenders? (FL)

After the housing bubble collapse, the Florida Legislature ratified numerous amendments to the Florida Condominium Act and Homeowners’ Association Act to provide associations with more power in collecting past-due assessments. One amendment obligated lenders that foreclose on properties owing past-due assessments to pay, at the very least, a certain statutory amount to the governing association (see Fla. Stat. §§ 718.116; 720.3085).    Read the article…………..


Related Articles

What is your community’s most outlandish emotional support animal request?

I am going to preface this blog post by stating that there are individuals who struggle with emotional disabilities and

Why the Florida Legislature Needs to Fix Condo Sprinkler-System Problem

For more than a decade older high-rise condominiums throughout Florida have been discussing, debating, and exercising their legal rights with

Turnover: An Important But Often Misunderstood Event for Homeowners’ Associations

One of the most critical events a homeowners’ association will face is the “transition” or “turnover” of the association from