If FHA has recently rejected your condominium community or if your association has not applied for certification because of provisions contained in your documents related to leasing, things may change shortly. In a recent email exchange with our office and Joanne B. Kuczma, the Housing Program Officer in FHA headquarters in Washington, DC,Go to Resource
Category: National Legislation
Short answer: No. As we’ve discussed in the past, the new Americans with Disability Act (“ADA”) regulations become effective on March 15th. Among other things, the new ADA regulations define “service animal” as “a dog that is individually trained to do work or perform tasks for the benefit of an individual with aGo to Resource
Attorney General Eric Holder signed final regulations revising Titles II and III of the Americans with Disabilities Act of 1990 (ADA). The revised regulations will take effect March 15, 2011, and compliance must be achieved by March 15, 2012. Some highlights of the new law include revisions to the ADA Standards for AccessibleGo to Resource
A group of condominium owners has filed a lawsuit against a bank and developer. The owners decided legal action was necessary when 3 of them could not refinance their loans because the community did not meet the 2009 Fannie Mae underwriting guidelines. The primary complaint is that the bank who sold to theGo to Resource
The Federal Housing Finance Agency (“FHFA”) recently changed its mind on how Private Transfer Fees (PTFs) should be regulated. A PTF is a deed-based fee that requires a percentage of a home’s sale price to be paid every time the property is sold. Previously, the FHFA proposed a rule that would have restrictedGo to Resource