House Bill 319’s Potential Effects on Condominium Purchasers and Mortgage Lenders

Florida House Bill 319 passed the Florida House of Representatives on February 29, 2012 on a vote of 114 to 1.  Florida House Bill 319 proposes various amendments to the Florida Condominium Act, and perhaps most importantly, it strives to clarify Florida Statutes section 718.116, which governs liability for unpaid condominium assessments. At present, Florida […]