Beware the Ides of MRTA! (FL)
Did you know that there is a provision in Florida law that could result in the expiration of the covenants of the homeowner’s association? The Marketable Record Title Act, Chapter 712 of Florida Statutes (“MRTA”), provides that the declaration of covenants and restrictions for a residential homeowners’ associations will expire and no longer serve as the source of marketable title with regard to the transfer of title for individual member’s residences. In effect, the declaration will cease to be and the community will no longer be covered by the former covenants and restrictions. Read the article………….
Ask the average community association resident whether or not the association board has a duty to protect him or her
Fla. App. Court Holds Safe Harbor for Unpaid HOA/COA Assessments Doesn’t Require Mortgagee to Own Note, Mortgage
The District Court of Appeal of Florida, Second District, recently held that a mortgagee is entitled to the safe harbor
A blog reader wrote to me the other day and asked what she could tell a member of her community