Even if expensive, by statute necessary repairs cannot be avoided for aging condominium buildings. Allowing the buildings to deteriorate could constitute a material alteration for which a unit owner could take issue. Termination is a cumbersome process, but should it be considered for aging condo properties? Does repairing the buildings no longer m...
"There are many statutes and regulations surrounding condominium ownership in the state of Florida. Often, you're at the mercy of your association." Click below to watch the video.
The Board can negotiate on its own, but it may not be wise. Here's why: Preservation of Warranties: For condos, steps should be taken to preserve statutory warranties, which are limited in time. A construction defects' lawyer would be attuned to these and act to preserve the warranties while negotiations proceeded. A condo board acting alone could ...
Controlling The Compensation Game With Three Decisive Plays We are fortunate to live in a world where our vehicles are equipped with a "check engine" light to alert us to impending problems with our cars. Wouldn't it be wonderful if buildings came with the same type of warning system? Unfortunately, the first hint of a design or construction ...
"Turnover" may be the most important event in the life of a condominium or homeowner association.Turnover transfers association governance from the developer to directors who are answerable solely to members and their wallets.Newly-minted owner-directors must manage millions of dollars of infrastructure such as roads, drainage systems, ponds, lift ...
While a Condominium or HOA deed-restricted community is in its sales period, the developer will control the operation of the governing condominium association or HOA by appointing the majority members of the Board of Directors of the Association. Often, either through the impetus of the developer, or organically through the efforts of interested ow...
SRQ Magazine names Tannenbaum Scro as one of the Honorees for their Elite Attorneys issue. Click here to view the full SRQ Magazine article
NORTH PORT — The coronavirus excuse may no longer work. North Port this Thursday resumes its code enforcement hearings, a court-like setting for those breaking, ignoring or contesting ordinance rules. Code enforcement was interrupted in March, then slowly restored over COVID-19's smackdown that closed city hall and suspended many such services. Nor...
Typical Due Diligence in Purchasing a Business If you ever been involved in purchasing a business, you likely know of the concept of "due diligence." If there is physical plant or inventory involved, you would be foolhardy if you didn't inspect the property, equipment and inventory. Certainly nobody would buy an ongoing business without looki...