Question: What approaches have you seen to boards take to inform their members about other members who are in arrears? Our board likes to post names and amounts in arrears as well as put the information in the minutes. Answer: Do not post delinquent member names! And get rid of that stock and pillary! The [...]
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The note for Paramount condos downtown Orlando was purchased by a Nordic investment fund USO Norge Paramount Note LLC last summer, and Norge are now the proud owners of the 16-story Paramount at Lake Eola. Paramount at Lake Eola condos features residential units with over a dozen different floor plans, of which the majority are unsold. Significant retail [...]
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Downtown Orlando’s 32-story development 55 West Condos on Chuch Street may once again be up for sale. According to the Orlando Business Journal, the Dutch lender went before Orlando City Council yesterday to update the original economic development agreement, changes which are required in order to sell the property, and documents showed that the lender is in negotiations with [...]
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Everything You Wanted to Know about Being a Condominium Board Member… But Were Afraid to Ask! Condominium Board Member Certification. Approved by the Department of Business & Professional Regulation** Why Attend? Comply with State Law** (see below) Understand your legal responsibilities and obligations including your “fiduciary duty”; Gain insights into governing through case studies and [...]
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I want to thank everyone that attended the webinar today and especially thank both Scott Peterson and guest Seth Heller for their insight regarding this hot-button issue. We will post a link to the recorded webinar when it is available and address some of the most frequently asked questions here on this site. We emphasized [...]
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