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By Becker
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At Least Five Community Associations in Florida have filed for Bankruptcy Protection and Relief.
Reorganization through Bankruptcy Allows Communities to Restructure Obligations and Reduce Debt.
By Becker
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HUD Implements New Approval Process for Condominium Projects to Qualify for FHA Insured Mortgages.
Website Allows Users to Search for FHA Approved Projects.
On June 12th the Department of Housing and Urban Development (HUD) published Mortgagee Letter 2009-19 announcing the new process for approval of condominium projects. As previously reported on this Blog, Fannie Mae, a federally backed lender, announced several changes to its standards, including the imposition of PERS review.
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Members of Becker & Poliakoff’s Hurricane Preparedness and Claims Recovery Team presented “Hurricane Season 2009: Are You Ready to Weather the Storm?”
Shareholders Ken Direktor and Herb Brock explained the importance of developing a disaster plan that includes safeguarding documents by making digital backups, advising residents of local …
By Becker
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A reader recently posed the following question:
In preparation of next years election of board members, where or how do I find a division approved education provider? How will the new member become aware of the educational curriculum to obtain a certificate of satisfactory completion.
The reader may …
By Becker
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SB 714 Designed to Clarify Insurance Requirements & Provide Relief to Homeowners by Delaying Fire Sprinkler Retrofit.
Condominium Unit Owners Required to Maintain Insurance Coverage.
Governor Charlie Crist vetoed SB 714. Too bad – SB 714 would have relieved Condominium …
By Becker
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Florida Law Governs Rules or Covenants Prohibiting Solar Collectors or other Renewable Resource Energy Devices.
Many community leaders may not be aware of Section 163.04, Florida Statutes which prohibits enforcement of restrictions precluding homeowners from obtaining energy from renewable resources.
Florida’s legislators made sure …
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Close to 200 Community Leaders and Professional Property Managers participated in the first of a series of webinars presented by Becker & Poliakoff, P.A.
On Wednesday, May 28, 2009, CALL presented a webinar explaining legislative activities during the 2009 legislative session. Co-executive directors Yeline Goin and …
By Becker
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Florida Attorney General Issues Advisory Legal Opinion Indicating that Golf Courses located within platted residential subdivisions are not subject to separate taxation.
Impact of AGO 2009-23 may save Community Associations thousands of dollars in property taxes.
Florida Attorney General Bill McCollum …
By Becker
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State of Florida’s Division of Administrative Hearings finds that Industry Bulletins and Technical Advisories issued by Bureau of Elevator Safety are not improperly adopted rules.
Retrofits required for Universal Elevator Keys, Automatic Fire Alarm Initiating Devices and Replacement of Single Wall Hydraulic …
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SB 714 Most Significant Change for Community Associations. Community Association Leadership Lobby (CALL) summarizes changes resulting from SB 714.
While there were a number of bills filed and debated this legislative session, not many of them passed. SB 714, filed by Senator Jones, modifies the insurance provisions of the Condominium Act, extends …
Becker, with headquarters in Fort Lauderdale, FL., is a multi-practice commercial law firm with attorneys, lobbyists and other professionals at offices throughout the East Coast.
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