Posts by: Judyann M. Lee

To see articles written by our attorneys on a range of topics, just use the links to the right.
Fannie Mae and Freddie Mac Make Key Changes Following The Tragic Surfside Condominium Collapse

The Collapse In the early morning hours of June  24, 2021, the Champlain Towers South Condominium, a 12-story beachfront condominium in Surfside, Florida, collapsed as people watched in horror.  Ninety-eight people died and dozens were injured.  Soon afterward it was revealed that the condominium had structural problems that went unaddressed for several years.  Its concrete…READ MORE

Author: Judyann M. Lee

New FHA Guidelines Make It Easier To Get Financing To Purchase A Condo

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

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You May Be In Violation of Consumer Protection Laws if Your Contract Disclosures Are Not Kept Updated

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

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Could Your Community Be Deemed A “Hostile Environment”?

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, Judyann M. Lee, Judyann M. Lee, Judyann M. Lee, Judyann M. Lee, Judyann M. Lee, Judyann M. Lee