Condominium Associations Suffer Financially When Failing to Amend Their Declarations
In 2014 the Florida Condominium Act (the “Act”) was amended to make it easier for Condominium Associations to recover past-due assessments from third-party purchasers at a mortgage foreclosure sale. The longstanding Florida law is that a condo unit owner is jointly and severally liable with the prior unit owner for all unpaid assessments that came due up to the transfer of title. Read the article…………..
The Senate HOA bill, SB 580 (Sen. Hays), is on the agenda for the Rules Committee on Wednesday, April 17
Which residential condominium associations are required to install a fire sprinkler system in their condominium building or, in the alternative,
Despite the rebound of the real estate market and the slowdown in the filing of new foreclosure cases, community associations