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Housing Developers Condominium Associations

Bilzin Sumberg

Florida Condo Owners Will Pay More in 2025. Time is Running Out to Sell.

Bilzin Sumberg on

Older condo units are flooding the market but demand has dried up. The Florida condo market is recalibrating, as changes to the Condo Act tank the market for 30-plus year old condos, creating uncertainty for the...more

Bennett Jones LLP

Closing Down the Condo: When Developers Want In and Owners Want Out

Bennett Jones LLP on

It is becoming more common for condominium owners to consider terminating a condominium in order to recover capital and (potentially) make a profit. In this post, we address some of the key points that condominium owners,...more

Shumaker, Loop & Kendrick, LLP

Client Alert: Community Associations: Self-Help or Injunctive Relief

Based on a recent opinion from the Second District Court of Appeals, Community Associations should consider self-help/abatement rights to cure violations before filing a lawsuit for injunctive relief.  ...more

K&L Gates LLP

New Jersey Legislature Amends Statute of Limitations for Defect Claims Brought by Condominium and Homeowners' Associations

K&L Gates LLP on

Common interest communities in New Jersey likely have more time to assert construction and design defect claims under the New Jersey Legislature’s 2022 amendment to N.J.S.A. 2A:14-1. Condominium associations, cooperative...more

Stoel Rives LLP

Condominium Law Alert: New Washington Legislation Allows Condominium Developers to Use Earnest Money Deposits Towards Construction...

Stoel Rives LLP on

Washington recently enacted SB 5024 (the “Bill”), which allows developers to use earnest money deposits towards construction costs in certain circumstances. The Bill will become effective on July 25, 2021....more

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