Florida’s Foreclosure and Eviction Moratorium Expires.
The first shoe has dropped in what is likely to be a wave of foreclosures not seen since the 2008 financial crises. Governor DeSantis announced Wednesday evening that he has declined to extend Florida's Executive Orders placing a moratorium on for...
Collections Explained
Condominium and homeowner association assessments, or maintenance fees, are the lifeblood of any community association. These assessments, whether collected monthly, quarterly, or annually fund the association’s operations and ensure it is well m...
Association ledgers and the “balance forward” – avoid opening pandora’s box
One of the major issues association lawyers face when collecting delinquent assessments is the dreaded “balance forward” on ledgers. The amounts due in those ledgers are a potential Pandora’s Box of problems. In order to collect delinquencies ...
Guide to Collections
As a director, you have a fiduciary duty to your fellow owners. The law imposes the highest standard of care upon you to prudently protect and preserve the money and property of the association. Even small communities have multi-million dollar a...
Bankruptcy breakdown
Florida Statutes recognize the importance of homeowner and condominium association assessments to the vitality of a community and have enacted methods to enable associations to collect delinquent assessments. However, when an owner files for bank...
