Receivers Appointed Over Condo Associations and HOAs May Levy Special Assessments (FL)
Both the Florida Condominium Act (Chapter 718, Florida Statutes) and the HOA Act (Chapter 720, Florida Statutes) allow for a court-appointed receiver to oversee an association’s affairs in certain situations. When appointed, a receiver will have authority to act as the association’s board pursuant to the court’s order appointing that receiver. A receiver’s authority can be broad and difficult to challenge absent an abuse of power. Read the article…………..
A Portion of a Maryland Condominium Assessment Lien Takes Priority Over Mortgages and Deeds of Trust
Under Section 11-110 of the Maryland Condominium Act, in the event of a foreclosure of a mortgage or deed of
Community Associations, just like businesses, need to ensure that they are legally protected at all times. They are responsible for
The individual insured, Robert Primo, previously served as a director and treasurer of Briar Green Condominium Association in Houston, Texas.