It is commonly known that a buyer should perform due diligence before purchasing property. If the buyer fails to perform due diligence (obtaining a building inspection, phase I environmental report, mold inspection, Chinese Drywall inspection, survey, etc.) the buyer may incur significant unanticipated post-closing costs and liabilities. When purchasing property […]
Category: Article
Shareholder William J. Cea in the June issue of the Palm Beach County Bar Association Bulletin. (pg.6) Click Here to Read
Last August, New York City enacted Local Law 147 which requires owners of class A multiple dwellings to adopt and disclose a smoking policy. Although touted as a disclosure policy, there are several requirements that owners need to be aware of since the law takes effect this August. Under the law, the […]
What Are Your Board’s Rights and Obligations with Regard to Sales and Financing in Your Community?
On any given day in any given Florida community association, a manager or director may receive a frantic call from a real estate or title agent about an upcoming closing. These frantic calls typically include an immediate request for information in the form of affidavits, estoppel information, lender questionnaires or […]