On March 17, 2017, House Bill 17-1279 was introduced and assigned to the State, Veterans, and Military Affairs Committee. The original intent of H.B. 17-1279 was to open the lines of communication between the association board, the association members, and the developer or builder and act as a bill that could garner bipartisan support. ThisGo to Resource
Category: State Legislation
On February 6, 2017, House Bill 17-1169 was introduced and assigned to the State, Veterans, and Military Affairs Committee. H.B. 17-1169 proposes a mechanism for a construction professional to offer to repair or offer to fund repairs for a construction defect prior to the initiation of a construction defect lawsuit. This is inGo to Resource
As we previously blogged in August, the Housing Opportunity Through Modernization Act of 2016 (HOTMA) was signed into law on July 29, 2016, which, among other things, required the Secretary of HUD to provide further guidance and clarity regarding the percentage of owner occupied units required to obtain project approval for condominium communities.Go to Resource
Last week, the U.S. Department of Housing and Urban Development (HUD) released final regulations related to quid pro quo and hostile environment housing claims under the Fair Housing Act. Some of the new regulations which go into effect on October 14, 2016 may impact your association. Below is a summary of those keyGo to Resource
On September 13, 2012, the U.S. Department of Housing and Urban Development issued Mortgagee Letter: 2012-18, which put in place temporary condominium project approval guidelines that modified the existing FHA condominium approval policy requirements. The changes included, but are not limited to: a revised definition of proposed construction; a revised definition of newlyGo to Resource