News and Articles
Loading...WATCH OUT! – Collection Agencies Taking Advantage Of HOAs And Condos
An association’s monthly or quarterly assessments are the life blood of the community. Without the ability to count on the steady stream of unit owner assessment payments, properly budgeting and meeting its regular expense obligations becomes a challenge if not impossible. Some communities have ... Read More »
What Is A Tax Deed?
As involving real property, if one fails to pay their property taxes by March 31st, a tax certificate will be issued by the County Tax Collector. Tax certificates are auctioned off in an “interest rate bid down” procedure. The tax certificate will be awarded to the person/entity willing to pay the ... Read More »
HOA’s And Condos: Expired Covenants And Restrictions
One of the most troubling events for a homeowners association is the potential expiration of the governing documents, typically identified as Declaration of Covenants and Restrictions or some derivation thereof. Just like a carton of milk in your refrigerator, governing documents of your homeowners ... Read More »
When A Community “Turns Over” From Developer To The Owners In An HOA?
ANSWER: In Florida, the law requires that the developer handover control of the homeowners’ association to the homeowners three months after 90% of the homes have transferred to their buyers. That newly elected Board has significant responsibilities once taking seat. The Board needs to retain the ... Read More »
You Don’t’ Need An Attorney For Your Real Estate Closing, True?
ANSWER: Not true. There are certain actors involved in real estate transactions who for their own perceived self interest propagate the myth that by hiring an attorney, whether you are a seller or a buyer, you are likely interfering with an otherwise smooth real estate closing process. Or stated in ... Read More »
