Condo Association Bylaws May be Path to Board Takeover (FL)

The acquisition of condominium units by investors, including bulk-buyer unit purchasers, has served a critical role in the recovery of the South Florida real estate market. These concerns acquired scores of units at condominium developments during the height of the foreclosure crisis and enabled the associations of many distressed developments to regain their financial footing.   Read the article…………


Tags assigned to this article:
condoFloridatakeover

Related Articles

Maryland Senate and House Pass Measure Providing For Closed Meetings of Condominium Boards To Consider “Business Tranactions”

House Bill 388 and Senate Bill 197 have both been approved by unanimous votes in each house of the Maryland

12 days until water shut off at rundown Orange County condo complex (FL)

Residents living at a troubled Orange County condo complex have 12 days before their water could be turned off at

New owner of former Ponte Vedra Golf and Country Club asks for permission to develop part of property (FL)

We have to ask ourselves, ‘Where do we go from here?’” Miller said. “We have to decide on a course of action. You’re not looking at a guy that’s going to ante $50,000 a month and hope the golf industry turns around.