In March, Florida’s Third District Court of Appeal issued a pivotal ruling that could significantly impact land developers aiming to acquire entire condominium buildings. The ruling challenges a long-standing practice in Florida, where developers would acquire enough units to gain control of the condo board, enabling them to amend rules and limit a condominium association’s ability to modify its governing documents, particularly regarding the termination of the condominium form of ownership. Read the article…………………………….
Related Post
September 1, 2020
June 21, 2014
June 20, 2024
Comments are closed.