Escape route for HOAs heads to Florida Senate despite legal experts’ warnings
A proposal to create a path for homeowners associations to disband is headed to the Florida Senate. House Bill 657 sailed past the House of Representatives with a 108-2 vote on Thursday, despite legal experts’ concerns that the legislation would cause problems with oversight of infrastructure owned by residential communities. The proposal is the latest attempt by state lawmakers to tackle the problem of rogue leadership at HOAs and condominium associations, or COAs. About half of Florida homeowners live in communities governed by either an HOA or a COA. Disputes between residents and association leaders have plagued the state for […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts
Miami is now more expensive than New York City
Buyers at Rishi Kapoor’s condo projects could get share of $4M in receivership funds
Floyd Mayweather’s former Miami Beach mansion trades at a loss
Lender snaps up Stonerock’s downtown Miami office buildings for $15M
Fisher Island mansion asking $32M leads luxury contracts in Miami
Stetson University plans Tampa development as higher ed bets on mixed-use districts
Paseo pipeline: Comras, Kanavos’ Lincoln Road vision hinges on walkability
South Florida’s top deals: Spec developer sells Bear’s Club mansion for $34M
Florida metros logged nearly 7,500 new-home permits in June
When a listing lingers, start with the data
