Bank of America v. Kipps Colony II Condominium Association, Inc.: What Does It Mean for Attorneys? (FL)

The recent case of Bank of America, N.A. v. Kipps Colony II Condominium Association, Inc., — So. 3d —-, 2016 WL 3766582 (Fla. 2d DCA 2016), is instructive for attorneys representing condominium and homeowners’ associations and emphasizes the need for such attorneys to have a firm grasp of Florida’s lien law with respect to prior mortgagors.  In this case, a condominium owners’ association (the “Association”), filed a lien foreclosure action against the owners of a condo unit for failure to pay their monthly assessments. The Association’s complaint named Bank of America (“boa”) as a Defendant by virtue of its holding a mortgage on the unit.    Read the article……………