A recent story out of Florida has generated national headlines and reignited one of the internet's favorite debates: Why do homeowners associations exist? According to published reports, a 28-year-old woman inherited her late father's home in a Jacksonville-area 55-and-over community. She claims that after his death, the homeowners association informed her that she could no […]
When a unit owner sells or refinances, the buyer's lender often contacts a condominium association or management company as part of the loan underwriting process. In recent years, those questionnaires have grown significantly longer and more technical, and the new Fannie Mae and Freddie Mac policy changes announced on March 18 are likely to make […]
What Florida’s Proposed HOA Dissolution Bill Actually Requires Over the past few weeks, we have received a number of calls from board members, managers, and homeowners asking about a bill moving through the Florida Legislature that would allow homeowners to dissolve their HOA. The attention is understandable. The bill recently passed the Florida House of […]
