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…………..
Southwest Florida has been fortunate in the first month of this 2016 hurricane season, but if a hurricane crops up
Last week, the Florida Third District Court of Appeal dealt the final blow to an often-used strategy by condominium associations.
This evening, Federal Housing Administration Principal Deputy Assistant Secretary Ed Golding joined National Association of Realtors® President Chris Polychron on