When purchasing a condo in Florida, you must familiarize yourself with condo repairs and maintenance obligations that you will have as an owner. Will you have the responsibility for repairing and maintaining common spaces? Is the condo association in charge of the maintenance repairs inside of your unit? Know that condominium lawyers from Ferrer Law […]
While broad powers are afforded to condominium and homeowner associations to regulate and limit the rights of unit and homeowners on what improvements can be made to their property when living in a planned urban development, there are limitations and Florida law limits Condo and HOA from restricting installation of renewable resources such as solar […]
Is your home really your castle? The answer is “it depends.” If you own a condominium in Florida, brace yourself for the impact of the new law signed by the governor on May 26, 2022. Your home is frequently referred to be “your castle.” A new Florida law may certainly make the expense feel like […]
When the Federal Reserve requires banks to hold a certain level of reserves, it is said to be implementing mandatory reserves. The purpose of mandatory reserves is to ensure that banks have enough cash on hand to meet customer withdrawals and other obligations. Banks are required to hold a certain percentage of their deposits in […]
When homeowner Associations are formed, there’s one of two choices to consider: 1) The Association will operate from an “in-house” perspective where the Owners/Members, through a Board of Directors, will volunteer their time to oversee the maintenance and enforcement of rules in the community. However, since Members of the Board of Directors usually have other jobs, […]
Contracts are legally binding documents that are typically signed and agreed upon by two parties or more. Unfortunately, these legally binding documents aren’t always honored. If either party who agreed to the contract decides to or cannot fulfill their end of the bargain, there are likely to be legal repercussions involved. In case of a […]
While it might seem like a mundane piece of communication that comes out annually from a homeowner’s Association, or HOA, audit letters are a required piece of public information that highlights what an HOA has been doing with all of its fees and members’ funds each year. Unlike public companies, HOAs generally don’t need to […]
Condos Are a Popular Choice in Florida The State of Florida has quite a few condos as they have proven to be a popular choice in the Sunshine State. Thus, the practice of Florida condo law is something that many lawyers at the Ferrer Law Group specialize in. They know that they can help a […]
Many condominium owners in Florida choose to live in condominium community because of the sense of security. It is a greater sense of security than residing in single-family communities. Condominium associations and their managers, desire these owners to feel safe and secure in their homes and shared areas and condo owners want the same safety […]
Is there a water leak in your condo that has caused damage to your unit and you want to know who is responsible to pay for the repairs? The first priority is to determine the source of the water intrusion. Next, what was damaged by the water is important for a variety of reasons, which […]
Legal Disclaimer: The materials within this website are for informational purposes only. They are not legal advice and should not be used as such. Transmission of the information in this website is not intended to create, and receipt does not constitute, an attorney-client relationship. Internet users and readers should not act upon this information and should seek professional legal counsel.
