In evaluating the feasibility and profitability of a potential investment, it’s crucial for a prudent buyer to conduct a comprehensive review of all property leases. Such an examination allows the ...
On June 14, 2017, Governor Scott signed Senate Bill 398, enacting it into law. The law, which goes into effect on July 1, 2017, amends sections 718.116, 720.30851, and 719.108, Florida Statutes, ...
Editor's note: David G. Muller is an attorney with the law firm of Becker & Poliakoff, P.A., which represents community associations throughout Florida, with offices in Naples, Fort Myers and 11 other ...
With props to Rodney Dangerfield, some legal documents just don’t get no respect—or at least are not regarded with the importance deserved. That innocuous looking two-page form that the landlord just ...
This is the final installment highlighting several cases of interest to community associations, including unpublished cases of interest. For a condominium association in a mixed-use property where ...
Q: I recently closed on my condo purchase. I signed a form called an estoppel certificate. The closer didn’t really explain well what it was. What is it that I signed? A: An estoppel certificate is a ...
Last week, we began our annual review of legislation affecting Florida’s community associations. This week we continue our review of SB 398, the new law regarding “estoppel certificates,” the form ...
Although commercial lending requirements have relaxed a bit over the past few years, the most recent banking crisis continues to have a lingering effect on commercial real estate transactions which, ...
A commercial purchase and sale contract required the seller to obtain estoppel certificates from building tenants and deliver them to the buyer “two business days” before the Closing Date for the deal ...
It took three tries, but the Florida Legislature passed a law, effective July 1, that reined in what one attorney dubbed the “Wild West of estoppel certificates.” Estoppel certificates (or letters, as ...
Last year, the Florida Legislature introduced a bill to increase the regulations and liabilities for the state’s more than 46,000 community associations for their issuance of estoppel certificates, ...
Q: I recently contacted my condominium association to get an account status for refinancing my mortgage. I was charged $299.00, which seems like a lot. Is this a valid charge? (J.R., via e-mail) A: ...