Tuesday, May 5, 2015

Florida legislature approves bill making condo terminations more difficult

The Florida legislature approved sweeping changes to condominium association rules that could make it more difficult for a developer to terminate a condo. Dozens of bills plus the state budget were left out to dry when the Florida House adjoined three days early, but Senate Bill 1172 and House Bill 643 were easily approved. Greenberg Traurig shareholder Gary Saul, the co-chair of its Miami real estate department, said all indications are Governor Rick Scott will sign the bill. “It has been a…

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