Loans for Condos? New Rules Start to Have an Effect

Article Courtesy of Florida RealtorsBy Jeff LazersonPublished January 27, 2022 Fannie’s tighter loan requirements post-Surfside collapse started Jan. 1; Freddie’s start Feb. 28. In the meantime, the list of no-loan condo projects will likely keep growing. A nightmare scenario looms …

Get ready to dig deeper: Despite reforms, insurers warn consumers that more rate hikes are coming

Article Courtesy of The Sun Sentinel By Ron Hurtibise Published October 26, 2021 Homeowners hoping for an end to steep property insurance rate increases next year might as well start looking for other expenses to trim. It’s not happening. Costs won’t be …

The Laws Pertaining To Condos And HOAs Must Be Reformed

Article Courtesy of  The Doral Family Journal By Edda Pujadas Published November 11, 2021 The main objective of the proposed reform is to achieve that the communities and the management of their funds are properly handled. The most important points …

Judge approves sale of Surfside property where condo collapse killed 98

Article Courtesy of  Local 10 WLPG News By Michael Putney Published October 5 , 2021 WATCH VIDEO SURFSIDE – Miami-Dade County Circuit Judge Michael Hanzman approved on Thursday a sale agreement of the property in Surfside where a 12-story building …

Florida task force makes recommendations on condo safety

Article Courtesy of The Orlando Sentinel By Brendan Farrington Published October 19, 2021 TALLAHASSEE — Florida legislators should overhaul the state’s condominium laws in the wake of the Surfside building collapse that killed 98 to address inspections, ensuring proper reserves are …

What you need to know about pending changes to Florida insurance laws

Article Courtesy of The Sun Sentinel By Ron Hurtibise Published May 14, 2021 No one was thrilled with the insurance changes that were passed on the final day of the Florida Legislature’s spring session — not the insurance industry and not consumers’ …

As hurricane season approaches, three insurers are canceling thousands of Florida customers

Article Courtesy of The Sun Sentinel By Ron Hurtibise Published May 20, 2021 As another hurricane season bears down on the state, more than 50,000 Florida home insurance customers will soon receive notices that their policies have been canceled or won’t be …

Florida Construction Defect Proposal Unfair To Homeowners

Article Courtesy of  LAW 360 By Nick Vargo and Greg Demers Published April 4, 2021 Typically, the most important, and largest, purchase in a person’s life is their home. Due to negligence in the construction industry, many homes are built …

Florida Gov. Ron DeSantis says he will prevent COVID-19 vaccine ‘passports,’ signs liability bill

Article Courtesy of Channel 4 JAX News By Christine Sexton Published March 21, 2021 TALLAHASSEE — Pointing to privacy concerns, Florida Gov. Ron DeSantis said Monday he will issue emergency rules this week that prevent businesses from requiring customers to …