As many of my readers know, Senate Bill 1196 amended Florida Statute Section 718.116(1)(b) to provide that a first mortgagee or its successor or assignee who acquires title to a condominium unit by foreclosure or by deed in lieu of foreclosure is required to pay the unpaid assessments that became due before the mortgagee’s acquiring
Senate Bill 1196
SB 1196 Gives ROCs a New Tool to Collect Delinquencies
By Scott Gordon on
Posted in Financial matters
The Florida legislature has provided managers and boards of condominium associations, cooperative associations and mandatory homeowners associations with some help in collecting delinquent payments from unit owners and association members.
Senate Bill 1196, which goes into effect on July 1, 2010, provides that if a unit or parcel is occupied by a tenant and…
Two Important Safety Concerns for ROCs
By Scott Gordon on
Posted in Safety
I want to bring two recent items to the attention of my blog readers. I’ve touched on one of the items in a past entry and thought the other item was extremely important.
I’ve covered the issues raised by golf carts in resident-owned communities in an earlier post. As those of you that attended…