Community Associations are subject to strict rules as to the amount and type of fees they may charge unit owners who are delinquent on their assessments. The term 'community associations' includes Condominiums and Homeowner Associations (HOAs). These associations are also subject to strict laws concerning the types and amounts of fees that may be charged in the event of a transfer or sale of the unit.
Real Estate Disputes and litigation are bound to arise after Hurricane Irma.
Florida Community Associations face a host of new laws this year. Most of the revisions were in the Florida Condominium Act, Chapter 718 of the Florida Statutes. However, significant amendments concerning estoppel certificates, their content and their cost , which are included in the amendment to the condominium law, have also been implemented in Chapter 720 regulating HomeOwner Associations.
Buying a new home is an exciting -- and sometimes overwhelming -- event. For many people, it is the most significant transaction of their lives. In all the excitement, it can be easy to make some missteps or fail to see some red flags that could jeopardize your home and your rights as a homeowner.