The Florida Realtors have recently provided a new Condo Rider that will be in use starting October 1, 2024. The Condo Rider now reflects recent amendments in the last legislative session to Florida Statute 718, which is the governing statute for Condominiums in Florida. In particular, while many in the real estate community anticipated further revisions to the Condo Rider, the revisions focus primarily on the new definition of “Condominium Property” in the wake of the IconBrickell decision. Read the article…………………………….
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