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|Cleanliness is Next to Godliness-Especially in a Community Association!|
Becker Poliakoff P.A.;
November 22, 2014, previously published on October 15, 2014The fear of this century's next pandemic has increased with the recent media coverage of the growing spread of Ebola. Even without the risk of a highly contagious and fatal disease like this one, most of us already know that contact with crowds and multiple surfaces do increase our odds of becoming...
|Can Your Association Save Time and Money by Using Email Notice?|
Adam W. Carls; Becker Poliakoff P.A.;
November 22, 2014, previously published on October 24, 2014As we approach the end of the year, condominium and homeowners associations throughout Florida are preparing to send out annual meeting notices to members of their communities. For most of these associations, this will mean printing out and mailing hard copies of each notice, agenda, proxy,...
|Limits On Owning Multiple Units in an HOA Becoming More Common|
Joseph E. Adams; Becker & Poliakoff, P.A.;
November 22, 2014, previously published on October 13, 2014Question: I live in a community governed by a homeowners’ association. The owners recently approved an amendment to the declaration of covenants that provides that no one individual can own more than two units in the community. I am wondering if such an amendment is legal. M.C. (via e-mail)
|B.C. Supreme Court Rescinds Land Transfers|
Steve Chasey; Dentons Canada LLP;
November 21, 2014, previously published on October 15, 2014In Re 0741508 BC Ltd and 0768723 BC Ltd (2014 BCSC 1791), the British Columbia Supreme Court (“BCSC”) considered whether rescission should be granted in respect of two real estate transactions in which the applicant corporations had transferred several parcels of land to a partnership.
|Court Interprets "Substantial Completion" To Extend Repose Period|
Stanley A. Martin; Duane Morris LLP;
November 17, 2014, previously published on November 5, 2014The HVAC sub finished a new condo unit system in August 2001. The condo was substantially complete in early 2002. But since the developer did not pay necessary fees, the city did not issue a certificate of occupancy until August 2003. Which date should be used to start the Wyoming ten-year statute...
|Consumer Finance Update: New Ginnie Mae minimum net worth, liquidity and demonstrated participation Requirements for Issuers approved for certain Ginnie Mae programs|
John Holahan, Richard Horn, Matthew S. Yoon; Dentons Canada LLP;
November 17, 2014, previously published on October 23, 2014Ginnie Mae has announced several new requirements in response to the continued transformation of the housing market and the growing number of entities that are granted Issuer approval, yet fail to actively participate in a Ginnie Mae MBS program. In the new year, Ginnie Mae will (1) adjust its...
|Real Estate Development Law 2014|
Andrew Jones; Dentons Canada LLP;
November 17, 2014, previously published on October 22, 2014 Qatar has recently introduced Law No 6 of 2014 Regulating Real Estate Development ("the Law"), the first piece of substantial real estate legislation in a decade. The Law is applicable to the construction of multi-storey buildings and commercial and residential complexes where individual...
|Is it a Lease or a License? Why it Matters.|
Mark Bailey, Eric C. Rubenstein; Ruskin Moscou Faltischek, P.C.;
November 17, 2014, previously published on October 2014Owners renting space may have the option of doing so by a “lease” or a “license agreement”. What is the difference to an owner (or the lessee/licensee)? Though sometimes the variances are murky, there are definite repercussions for following one route versus the other.
|Foreclosure Does Not Preclude Filing a Lawsuit on the Underlying Note|
Andrew C. Voorhees; Weltman, Weinberg & Reis Co., L.P.A.;
November 17, 2014, previously published on October 30, 2014Any creditor that obtains a mortgage on property pursuant to a note or some other debt instrument will inevitably have to use the legal process to enforce the instrument. The initial strategy decision is whether to foreclose on the secured property, file a complaint for monetary damages on the...
|Deed Was Not Effective When Husband Put It in a Cabinet|
Richard H. Topaz; Gordon Feinblatt LLC;
November 14, 2014, previously published on November 2014In Daniels v. Daniels, 217 Md. App. 406, 94 A.3d 121 (2014), the Court of Special Appeals held that constructive delivery of a deed did not occur where the grantor kept the executed deed in a filing cabinet, and therefore maintained control over the deed such that he could revoke or destroy it.