Rare Safe Harbor Victory for Homeowner Associations (FL)

In Federal National Mtg. Ass’n. v. Mirabella at Mirasol HOA, Inc., Case No. 4D 15-4792 (Fla. 4th DCA, November 23, 2016), Florida’s Fourth District Court of Appeals relied on specific language in the Homeowner Association Acts’ safe harbor provision to rule in favor of a homeowner association over Federal National Mortgage Association (“FNMA”) in a dispute over FNMA’s liability for delinquent assessments after foreclosure. This decision changes the balance of power between lenders and homeowner associations and will have an impact on mortgage foreclosures moving forward.    Read the article……………


Related Articles

South Florida Contents Restoration

Every single day, a natural disaster or other catastrophic event occurs somewhere in America, crippling businesses and homeowners alike. Floods

Judge rules in two Compass Lake in the Hills lawsuits (FL)

Circuit Judge Bill Wright has denied approval of a settlement agreement that was proposed to satisfy a class-action lawsuit brought

Judge rules for town in Long Beach (IN) property rights case

A LaPorte County judge on Thursday denied a claim by a group of Long Beach property owners that the town