Articles Posted in Condo Law

The current Geographic Targeting Order (GTO), issued by the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of Treasury, is set to expire this Friday, November 16, 2018.  In essence, the GTO provides that when a buyer uses a corporate entity (such as an LLC) for cash purchases of residential real estate […]

In this third blog post in a series providing 2018 legislative updates, we discuss legislative changes clarifying condominium conflict of interest statutes. Parts one and two of this series addressed record keeping of condominium associations, material alteration requirements, and material alterations as they relate to electric vehicle owners. CONFLICT OF INTEREST UPDATES AND CLARIFICATIONS Effective July 1, 2018, HB […]

In this second blog post in a series providing 2018 legislative updates, we discuss legislative changes affecting material alteration requirements and material alterations as they relate to electric vehicle owners. HB 841, which became effective on July 1, 2018, has various profound impacts affecting both areas. Find part one of this series here. General Material Alteration Guidelines The term […]

Under Chapter 558 of the Florida Statutes, claimants such as homeowners, HOAs, and condominium associations that have sustained property damage resulting from construction defects are required to participate in a pre-suit dispute resolution process. From a practical standpoint, construction disputes rarely reach a resolution in the pre-suit stages, as contractors and subcontractors struggle to obtain […]

In this first entry in a series of posts providing 2018 legislative updates, we discuss changes affecting the day-to-day record keeping of condominium associations. HB 841, which became effective on July 1, 2018, has various profound impacts relating to official records. Website Requirements and Notices HB 841 extended the deadline for compliance with various condominium website […]