Wednesday, February 17, 2010

Looking For Condo Solutions


After what has been an unbelievable real estate market for over the past 3 years, we are now dealing with all the left over problems of not enough planing for the future growth, so we have to run to the GOVERNMENT to try make right some of this worngs in this CONDO HANGOVER.

For example one of the 2 bills being introduce into the legislature its bill — H.B. 329,this bill its being sponsored separately by Rep. Julio Robaina, R- Miami, and also bill S.B. 1196, sponsored by Senator Mike Fasano, R-New Port Richey — this two bills are going to try to pressure delinquent owners into paying or making life tougher for the delinquent condo owners , including taking away pool and clubhouse rights and siphoning rent checks (THE LAST ONE BEING THE BEST SOLUTION ). H.B. 329 is for condo associations only, while S.B. 1196 is for both condo and homeowner associations.

This two bills seek to amend the law to allow so condo associations to collect rent directly from a tenant when the unit owner is also a landlord and is behind by 90 days or more in fees and assessments to the association, including possibly costs for attorneys and collections, yes that mean Condo associations wont have to wait more than 90 days to claim the rent from the uncooperative landlord's .

This two bills also would allow the association to prevent owners and their tenants, whether they pay rent or not, from using common elements, such as the pools, clubhouses and other recreational facilities, if the owner is delinquent in the payment of assessments.

Finally, these bills would deny owners the right to vote on association matters if they are delinquent. Currently, Florida law allows all owners, despite payment records, to vote in condo elections and serve on boards as directors.

But Bill H.B. 329 goes further than the senate bill by also granting associations the authority to additionally deny the delinquent owners and tenants the right to occupy the unit.So the Tenants and or Owners will be evict after 90 days of non payment of dues

Although this bills are only being introduce at the moment we all know that something needs to be done to save the values of the condo communities

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