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Community Update – May 2023

05.31.2023

This edition of Becker’s Community Update highlights remote voting, managing your personnel, and constitutional rights. Don’t miss the 50th anniversary video that showcases Becker’s rich history and culture. Also featured this month is our Hurricane Preparedness and Recovery Guide. While we hope to be spared from the worst, it’s crucial […]

Becker’s Washington Weekly: Week of May 29, 2023

05.30.2023

Debt Limit Crunch Time All eyes are on Washington this week as President Joe Biden and Speaker Kevin McCarthy sell their bipartisan debt limit agreement to Members of Congress for passage before the expected June 5th default date. The text of the nearly 100-page deal was released over the weekend, […]

What Are Limited Common Elements and Who’s Responsible?

05.30.2023

The Florida Condominium Act defines limited common elements as those common elements that are reserved for the use of a certain unit or group of units, as specified in the declaration of the condominium. This definition indicates that the limited common elements are a subset of the common elements. Examples […]

The New Fannie Mae and Freddie Mac Lender Questionnaire: To Answer, or Not to Answer, That Is the Question!

05.30.2023

The Federal National Mortgage Association (“Fannie Mae”) and the Federal Home Loan Mortgage Corporation (“Freddie Mac”) recently issued new temporary requirements as an attempt to mitigate risk in community association loan underwriting. Many other industries within the community association world, such as insurance, have adjusted costs and guidelines in an […]