As many followers of this blog may already know, House Bill 87 was signed by Florida’s Governor last Friday. This bill provides community associations with some hope that the foreclosure process–which seems to take an eternity before it concludes–will be expedited and that an association can have a meaningful voice in the foreclosure action.
A Few Important Differences in Florida’s Laws Governing Condominiums and Cooperatives
By Scott Gordon on
ROC managers, board members and the professionals that advise them quite often long for the "good old days" when the Florida Statutes governing condominium associations (Chapter 718) and cooperative associations (Chapter 719) were almost identical in provisions concerning elections, eligibility to run for the board, and waivers of financial reporting requirements.
Those days are, for…