News & Analysis as of

Subdivision Residential Real Estate Market

Bilzin Sumberg

Vertical Subdivisions Receive Recognition in 2024 Amendments to the Condominium Act

Bilzin Sumberg on

This year’s extensive condominium bill CS/CS/CS/HB 1021 (“HB 1021”) containing amendments to the Condominium Act created a new Section 718.407 entitled “Condominiums created within a portion of a building or within a multiple...more

Obermayer Rebmann Maxwell & Hippel LLP

No Subdivision, No Problem New Jersey’s Best Kept Development Secret, Create a Condominium

As our economy’s uptick continues to favor buyers, developers often find large parcels of contiguous property spanning across acres of land for sale. Less experienced developers lacking knowledge and capital shy away from...more

Goulston & Storrs PC

Massachusetts Appeals Court Clarifies When Restrictive Covenants May Extend Beyond Thirty Years

Goulston & Storrs PC on

In Berger, et al. v. 2 Wyndcliff, LLC, et al., No. 16-P-336 (Mass. Appeals Court, Dec. 5, 2017), a group of homeowners in a subdivision subject to an agreement limiting construction on their lots to one single-family dwelling...more

Carlton Fields

Real Property & Title Insurance Update: Week Ending September 16, 2016

Carlton Fields on

REAL PROPERTY UPDATE - Vacation of Subdivision Plats: boards of county commissioners have limited authority under Fla. Stat. sec. 177.101(3) to grant or deny platted property owner’s request for vacation of plat; if...more

Lowndes

Legal Issues Associated With Selling & Purchasing Failed Residential Subdivisions In Florida

Lowndes on

There are many ways to acquire a distressed residential subdivision for what may seem to be a bargain price. Whether an investor is buying the property at a foreclosure sale or purchasing a defaulted mortgage loan on the...more

Perkins Coie

Risks to Open Space Designated in General Plan’s Open Space Element a Valid Ground for Denying Application to Subdivide a...

Perkins Coie on

A city may deny a proposed mobilehome park subdivision that is inconsistent with the open space element of its general plan, according to the recent court of appeal decision in Carson Harbor Village, Ltd. v. City of Carson,...more

Lowndes

Acquiring Failed Subdivisions: The Risk of Tyrannical HOAs

Lowndes on

Developers and builders who wish to acquire a failed developer’s residential subdivision, when there are existing homeowners in the subdivision, should BEWARE that a statutory turnover of HOA control may have occurred!...more

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