Major Legal Win for Condo Boards (NY)
In a ruling that could have major consequences for condo boards across the city, the Appellate Division has upheld an earlier State Supreme Court ruling that a sponsor/developer can be held liable for breach of contract and its principals can be held liable for fraud over construction defects and misrepresentations in an offering plan. Read the article…………
Good news for Realtors, lenders and condominium unit owners who’ve been frustrated by FHA’s prohibition of “spot loans” in developments
Do you serve on your condominium’s board as a fun way to meet your neighbors and test out your governance
Gov. Rauner (IL) Signs Bill Which Mitigates The Effects of Palm Relative To Meetings & Notice Requirements
SB 2354 (Sen. Haine), became Public Act 99-0567 on July 15, 2016 when Governor Rauner signed the Bill into law.