On June 26, 2017, Governor Scott approved House Bill 1237, changing or amending a number of statutes regulating condominium associations.
Continue reading “2017 Legislative Changes to the Florida Condominium Act”
Tag: Condominium Association
Limitations on Community Association Approval or Denial of Service Member Rental Applications
Effective July 1, 2016, § 83.683, Florida Statutes, requires landlords, condominium associations, cooperative associations and homeowners associations to process rental applications submitted by service members within seven days of submission. Within that seven day period, the landlord or association must notify the service member in writing of an application approval or denial and, if denied, the reason for the denial. If a rental application submitted by a service member is not timely denied, the landlord or the association must allow the lease to the service member if he or she has complied with all other terms of the application and lease. The statute applies to all “Service members,” which means any person serving as a member of the United States Armed Forces on active duty or state active duty and all members of the Florida National Guard and United States Reserve Forces. Continue reading “Limitations on Community Association Approval or Denial of Service Member Rental Applications”
Condominium Leasing Restrictions’ Impact on FHA Home Loan Eligibility
Frequently, the governing documents of condominium associations contain limitations on the ability of owners to lease or sell their property, such as provisions requiring owners to obtain the Association’s approval before such leases or sales may take place. Although these provisions are often very important to the association’s ability to protect its members’ happiness and property values, associations should be aware of certain drawbacks when considering the inclusion of such limitations in their governing documents. Continue reading “Condominium Leasing Restrictions’ Impact on FHA Home Loan Eligibility”