Developer
- Developers pay $102 million for Naples waterfront condo community (FL)
A pair of Florida developers have bought a 2.5-acre beachfront property near the Naples Beach Club and plan to build a luxury condominium tower on the site. BH Group and the Kolter Group, both from South Florida, paid $102.6 million for the property — which has 200 feet of beach frontage Read the article…………………………….
- Complaints mount against developer Sathuan Sa. Why East Greenwich halted work on new condos (NY)
An embattled Rhode Island developer, who has been sanctioned multiple times by the Rhode Island contractors’ registration board, had construction of his 38-unit condominium development in East Greenwich halted after the town’s building official said he had “grave concerns” about the work being done there. Read the article…………………………….
- Houston developer ignores multiple violations and builds dozens of homes without a single permit (TX)
In a city where putting a new roof on a house or remodeling after a flood would require a homeowner to pull a permit, residents in Shepherd Forest can’t figure out how one developer has managed to continue construction on a large commercial site without having any permits. Read the article…………………………….
- Brooklyn Tower Is in Trouble (NY)
Stern’s supertall at 9 Dekalb, with its strikingly dark neo-Gothic façade, is now the most recognizable feature in the Brooklyn skyline — and perhaps its most divisive. But people in the real-estate industry have always talked about it for a different reason, with some speculating it was doomed from the start Read the article…………………………….
Developer Article Archives
Transition
- From Developer to Homeowners: A Brief Overview of Transition in New Jersey Community Associations
Congratulations on becoming homeowners in your new community! As you settle in and start to personalize your spaces, an important milestone awaits: the transfer of control from the developer to the unit owners. This process, known as “transition,” marks the moment when you and your fellow residents take the reins of your community, shaping its future and ensuring its smooth operation. To help you and your community begin this process, here is a quick overview of the key information about community association transitions in New Jersey: Read the article…………………………….
- HOA Transitions from Declarant to Homeowner Controlled Boards
Transitioning an association from a developer-controlled Board to a homeowner-controlled Board can be a complex process with various challenges. However, with careful planning and execution, it can be a smooth and successful endeavor. In this guide, we’ll explore the essential steps and considerations for the newly elected HOA Board members to ensure a seamless transition, Read the article…………………………….
- Community Association Transition Litigation and the Selection of Experts
In the realm of civil litigation, the involvement of “experts” can make or break a case. An expert is a qualified individual with specialized knowledge, skill, training, education, or experience in a particular field relevant to the issues at hand in the case. These experts are called upon to provide their professional opinions, analyses, or interpretations on complex or technical matters that are beyond the understanding of the average person or the typical juror. Read the article………………………..
- Tips for a Successful Condominium or Homeowner’s Association Turnover (FL)
Several things that can be done by the Association prior to and immediately after turnover for the benefit of the community. This information will benefit not only any forensic engineering firm in performing a Property Condition Assessment Report, but the community operations as a whole. Read the article………………………..
Transition Article Archives
Buying/Selling
- HOA Q&A: Is a ‘capital contribution’ of hundreds of dollars charged to new owners legal? (FL)
Q: The board of my condo association, which has over 400 units, has been charging and collecting a fee of around $900 from all new owners when they buy a unit and the fee is categorized as a “capital contribution.” Is such a capital contribution allowed under the Florida Condominium Act? Read the Q&A………………………………..
- Estoppel Certificates’ and Other Disclosures Explained (FL)
Q: I am in the process of selling my condominium unit and recently come across the term “estoppel certificate,” but I’m not quite sure what it means. Could you provide an explanation on exactly what kind of information is included on an estoppel certificate and just how much it typically costs to get one? I’d like to know whether it also covers any rule violations or possibly any other disclosures that I should be aware of before selling the unit. Read the Q&A………………………………..
- Construction concerns: 100+ lawsuits connected to company building homes in Tampa Bay area (FL)
The demand for housing across Florida has never been higher, and developers are building new homes at rapid rates. But some homeowners are concerned the quick builds are compromising quality, forcing ongoing repairs upon move-in. Read the article…………………………….
- A showdown pits owners of second homes against full-time residents in the Poconos (PA)
The Hideout, a gated community in the Pocono Mountains of Pennsylvania, had long operated under an unspoken covenant. Whether by choice or by circumstance, the second-home owners deferred to the needs of full-time residents, a core 900 or so households. Read the article…………………………….
- Navigating the Future of Estoppel Certificates Amid Proposed Statutory Changes (FL)
Estoppel certificates play an important role in the Florida real estate transactions process. Not only do they provide buyers and sellers with certainty regarding monies owed at the time of sale, but they also provide Florida community associations (Homeowner Associations, Condominium Associations, and Cooperative Associations) with the ability to ensure that they are able to collect monies that are due and owing at the time of a real estate transaction. Read the article…………………………….
Buying & Selling in a Community Association Archives
