Tag: Legal & Legislative News

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2021 Legislative review, part 6 (FL)

Written by Condotel Financing Florida Syndicated User on September 11, 2021. Posted in Condotel Financing Florida.

This week continues our review of 2021 legislative changes to Florida’s community association statutes. Today will continue the discussion of Senate Bill 630 and its amendments to the Florida Homeowners’ Association Act. These changes took effect July 1, 2021. Read the entire article………………………………. Community Associations

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Rates posted assumes 25% down payment, and an ARM and fixed rate first mortgage options on a Florida condotel, secondary 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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