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Insider Real Estate and Community Association Law Update (FL)

/ Owner - February 20, 2019

Condominium Association Faces Unit Owner Class Action Pinnacle Condo. Ass’n, Inc. v. Haney, 44 Fla. L. Weekly D203 (Fla. 3d DCA Jan. 9, 2019)  After Hurricane Wilma and Hurricane Katrina caused structural damage to the four high-rise towers of the Pinnacle Condominium in 2005, the Condominium Association entered into two contracts to repair the damage. Before the work was finished, disgruntled unit owners recalled the Association’s Board of Directors and a new Board took its place. The New Board sought to renegotiate or cancel the contracts, resulting in litigation and a settlement wherein the Association paid $2,440,000.00 to the contractor.   Read the article…………………….

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