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If you live in Florida, you undoubtedly share a home with the green iguana, a non-native species that has proliferated in the tropical climate of the Sunshine State. While some residents are happy to share their territory with the reptiles, which can grow to up six feet in length and weigh more than 20 pounds,...
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Serving on the board of directors of a community association, whether it is a condominium or homeowners association or a co-op, comes with a lot of responsibility. Part of being a successful leader is identifying potentially problematic situations and knowing when to ask for professional help. Jed Frankel, a partner with Eisinger Law, identifies the...
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HOLLYWOOD, FLA. – (February 6, 2018) – The law firm of Eisinger, Brown, Lewis, Frankel & Chaiet, P.A. announced that partner Jed L. Frankel was recently re-certified by the Supreme Court of Florida as a Circuit Mediator. Frankel is certified through February, 2020 as a mediator in all judicial circuits throughout the state of Florida....
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TOP REAL ESTATE LEGAL ISSUES: WHAT’S TRENDING NOW Quadomain Redux Associations Can Bring Own Lawsuit to Collect Florida’s Fourth District Court recently decided a case that is important to community associations throughout Florida. As a result associations can now bring their own lawsuit to collect past due assessments, even where a first mortgage holder previously...
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TOP REAL ESTATE LEGAL ISSUES: WHAT’S TRENDING NOW Zombies are fictional “undead” beings created from the reanimation of a human corpse popular in movies and on television. Unfortunately, many community associations are now finding themselves dealing with “Zombie Homes.” A “Zombie Home” is created by a lender which begins but does not complete a foreclosure...
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TOP REAL ESTATE LEGAL ISSUES: WHAT’S TRENDING NOW With many former delinquent unit owners foreclosed out and replaced by paying owners, community associations are generally doing better financially than several years ago. It is critical, however, to maintain a sound collections strategy. This means monitoring payments by unit owners and putting any new delinquencies into...
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Despite the rebound of the real estate market and the slowdown in the filing of new foreclosure cases, community associations across Florida continue to face problems with collections. Delinquent payments and the resulting foreclosures are likely to remain an issue for the foreseeable future.   According to RealtyTrac’s Q1 and March 2015 U.S. Foreclosure Market...
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