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Are you thinking about offering your home as a short-term vacation rental? Next to driving for Uber, short-term vacation rentals are the latest craze in side-hustles. But before you clean out that extra bedroom and list your home on Airbnb or another online vacation rental website, you’d better make sure that you have the legal…READ MORE
Author:
Judyann M. Lee
The Federal Housing Administration (“FHA”) released new guidelines for its project approval process for condominiums, which will go into effect on October 15, 2019. These new guidelines are meant to streamline the process and make it easier for certain credit-worthy homebuyers to obtain FHA financing. Currently, for a homebuyer to be eligible for an FHA-insured…READ MORE
Author:
Judyann M. Lee
Most developers and builders of homes in residential subdivisions and condominiums know they must provide purchasers with certain disclosures at the time of contract and they prepare such disclosures for their initial sales. But many forget to update or amend their disclosures as the development progresses and information in the initially prepared disclosures changes over…READ MORE
Author:
Judyann M. Lee
Have you received a notice in the mail from a company advising you to purchase coverage for the water and sewer pipes on your property? Many homeowners do not realize that any damage to the water and sewer lines that run from their home to the water and sewer connections in the public right-of-way are…READ MORE
Author:
Judyann M. Lee
Your community association may now be liable for the discriminatory actions of residents who harass or create a hostile environment for other residents. A new HUD regulation that went into effect on October 14, 2016 places new burdens on condominiums and community associations, which should take steps to protect themselves. This is a scary proposition…READ MORE
Author:
Judyann M. Lee