Court finds law for selling entire condominium projects is not retroactive (FL)
The 3rd District Court of Appeal recently sided with minority owners by ruling that Florida’s statute law governing the sale of condominium projects does not apply to properties that predate Florida’s 2007 amendment to its condominium statute. The Daily Business Review reported on Nov. 22 that this news affects many associations in particular The Tropicana Condominium Association Inc., a Sunny Isles Beach group, which is fighting a minority of owners over a blocked sale located in Florida’s expensive Miami-Dade. Read the article…………..
In Florida, the “officers and directors of the association have a fiduciary relationship to the unit owners.” F.S. §718.111(1)(a) In
In a previous blog we discussed a few aspects of HB 791, a new law effective for community associations as
Nevada HOA foreclosures cannot extinguish deeds of trust held by Fannie Mae, holds U.S. district court
Yesterday, the U.S. District Court for the District of Nevada issued an important ruling concerning the litigation over whether homeowners’