Reverse Mortgages and Unpaid Assessments in Florida Condominiums
Question: I serve on the board of my condominium association and one of the issues we have been hearing a lot about recently are “reverse mortgages.” Are there any specific concerns a condominium association should have with owners taking out such mortgages and does the association’s rights regarding unpaid assessments differ when a unit is subject to a reverse mortgage? Read the Q&A………….
Throughout the past five years, this column has attempted to make sense of the sometimes senseless world of association living.
Q: I read one of your recent blogs on the levy of fines by associations. Do the same “due process”
When the AquaVita Las Olas condominium opens late next year in the Hendricks Isle section of Fort Lauderdale, buyers will