[RPPTL LandTen] FW: HB 329 Condo Assessments Bank Payments
Cary Sabol
cellsabol88 at yahoo.com
Mon Jan 4 17:53:29 PST 2010
This bill is great for associations, but quite a burden on the other parties concerned (i.e. tenants and lenders). Once the public becomes aware of its practical effects, it will probably have quite a chilling effect on the ability to rent condo units altogether. What do you think it's chances of passing are?
Cary
Cary P. Sabol, Esq.
P.O. Box 15981
West Palm Beach, Florida 33416
Phone: (561) 281-2744
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--- On Mon, 1/4/10, Neil B. Shoter <NShoter at shutts.com> wrote:
From: Neil B. Shoter <NShoter at shutts.com>
Subject: [RPPTL LandTen] FW: HB 329 Condo Assessments Bank Payments
To: "RPPTL Landlord Tenant Committee" <landten at lists.flabarrpptl.org>
Cc: "Frank, Scott A." <SAFrank at arnstein.com>
Date: Monday, January 4, 2010, 9:52 AM
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Please provide any comments you may have on this proposed bill.
This is another in a series of attempts to charge tenants for unpaid condominium assessments and grant associations eviction rights, although why they chose to put it in 83.46 is unclear. Subsection (b) includes all owner's monetary obligations to the association, not just assessments. The association has broad powers to deny or withhold common area use by the tenant other than access or ingress.
Neil B. Shoter
Partner / LEED Accredited Professional
Shutts & Bowen LLP
1100 CityPlace Tower, 525 Okeechobee Boulevard | West Palm Beach, FL 33401
Direct: (561) 650-8535 | Fax: (561) 822-5525
E-Mail | Biography | V-Card | Website
From: Alan Fields [mailto:abfields at mindspring.com]
Sent: Sunday, January 03, 2010 6:29 PM
To: Freedman, Robert S.; kfernandez at kfernandez.fdn.com; homer.duvall at hklaw.com; 'Salome Zikakis'; wsobien at firstam.com
Cc: mjgelfand at gelfandarpe.com; Meyer, George J.; jbn at floridalandlaw.com
Subject: HB 329 Condo Assessments Bank Payments
Here is another bill for comment from your respective committees.
This bill requires certain tenants to pay rent moneys owed directly to association. This is placed in chapter 84, which may be the wrong place; allows association to deny vote, use of property and common areas; requires mortgagee to request estoppel letter from association and pay fee for the estoppels of up to $50 prior to filing foreclosure action under penalty of dismissal; Requires lender to pay association 6 months of assessments w/I 30 days after filing foreclosure suit. (Glitch, it appears to require this whether the assessments are current or not). If foreclosure is still pending after 1 year, mortgagee pays all outstanding assessments and all future assessments. Penalty for non-payment is dismissal of foreclosure and attorney fees to association.
I recommend opposition as this increases exposure of banks and will limit future lending against condominium projects and may push Florida condos outside of Fannie/Freddie guidelines and a technical change to move most of chapter 84 provisions to 718, including only a cross reference in chapter 84.
Happy New Year.
Alan B. Fields
1129 Venetian Harbor Drive NE
St. Petersburg, FL 33702
813-421-3821
c) 727-773-6664
abfields at mindspring.com
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