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Can a Developer Retain the Right to Veto a Declaration Amendment After Turnover of the Association? (FL)

/ Owner - February 2, 2023

Surprisingly, the answer is yes. In the recent case of First Equitable Realty III, Ltd. vs. Grandview Palace Condominium Association, Inc., 329 So. 3d 167 (Fla. 3rd DCA October 6, 2021) before the Third District Court of Appeals, the Court held valid and enforceable a developer-recorded amendment to the condominium declaration, which granted the developer the right to reject future declaration amendments it deemed in, “its sole opinion,” harmful to the future sale of its units.    Read the article………………………..

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