Condominium associations across South Florida have come under scrutiny for imposing mandatory, non-refundable “transfer fees” on residents in connection with the lease or sale of units. Indeed, several years ago this firm was quoted in an article in the Miami Herald addressing the issue, and this year, a class action lawsuit resulted in an association agreeing to settle for $300,000 in a lawsuit alleging that the association overcharged its residents in connection with lease and move-in applications. The class action lawsuit alleged that the association had been charging its residents a $150 screening/application fee and a $200 move-in/move-out fee. The plaintiffs argued that these were excessive “transfer fees” which are capped by Section 718.112 (2)(i), Florida Statute. Read the article……………………
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