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Real Estate & Property Law

: The Home Equity Theft Reporter

Condo Association Trend Seeking "Blanket Receiverships" In Attempt To Avert Financial Disaster Begins To Take Hold In Central Florida

By r morris

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In Central Florida, the Orlando Sentinel reports:Condominiums in Central Florida are cutting back on things like tennis-court lights and are seeking help from the courts because so many condo owners are abandoning their fast-depreciating units and refusing to pay required maintenance fees. "It's a major crisis right now," said Bill Raphan, a supervisor with the state Division of

Full post as published by The Home Equity Theft Reporter on August 29, 2009 (boomark / email).

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