Community Associations Suspending Use Rights for Common Elements, Amenities
In 2010, at the height of the recent foreclosure crisis, community associations in Florida gained an effective tool to aid them in their efforts to collect upon delinquent assessments. It was at that time that the legislature amended Florida law to authorize community associations to suspend the rights of unit owners and their tenants to use portions of the community’s common elements and amenities if the owner became delinquent by more than 90 days in their obligation to pay association monetary obligations, including assessments. Read the article…………….
Nevada State Court Ruling on Application of HERA to HOA Foreclosure Sales Holds Promise for Lenders and GSEs
The first Nevada state court ruling on the federal Housing and Economic Recovery Act (HERA) holds that a deed of
In an effort to “avoid the cost and burden of piecemeal litigation” of hundreds of cases in the Nevada HOA
Maryland Legislature Considers Bill To Require Information As To “Potential” Special Assessments In Resale Contracts
House Bill 23, now before the Maryland General Assembly, would require information concerning “potential” special assessments to be included in