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Tag: Collections

Associations can collect legal fees on delinquent accounts with no obligation to settle for a lower sum (FL)

Q: I’m in a dispute with my HOA because my account is delinquent, and I am having a hard time getting the HOA attorney to settle the case with a reduction in his attorney fees. What can I do, if anything, to get this attorney to settle the case?     Read the Q&A………………………….. https://communityassociations.net/category/fl_news/feed/

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Shelborne South Beach unit owners lose appeal contesting $30M in assessments (FL)

A pair of investors who bought condo-hotel units in the Shelborne South Beach suffered a significant setback in their quest to reverse a three-year-old court ruling that deemed $30 million in special assessments legal and necessary.    Read the article……………………………… https://communityassociations.net/category/fl_news/feed/

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‘Deadbeat list’ gets condo complex in trouble as class action gets OK from Fla. court

A condominium complex in Florida will have to face a class action lawsuit after publicizing the names of every tenant who was behind on payments.  The Fifth District Court of Appeal on June 12 ruled against Salt Springs Resort Association, which posted a list of more than 100 names and the amounts they owed on what is alleged to be a “deadbeat list” prohibited by Florida law.   Read the article………………………………. https://communityassociations.net/category/fl_news/feed/

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Rates posted assumes 25% down payment, and an ARM rate first mortgage on a Florida condotel, primary residence. Additional required amounts such as taxes, insurance, home owner association dues, assessments, flood insurance or other such required payments should also be considered. Not all individuals will qualify for a mortgage loan. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. **Posted APR is based on Mortgage Assumptions
 
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