estoppel

KSN attorneys Cory Kravit and Kevin Kennedy discuss important 2024 legislative updates impacting Florida condominium, homeowner (HOA), and townhome associations. Topics include estoppel certificates, Homeowner Bill of Rights, First Responder flags, Fire Prevention Code updates, board member responsibilities, and more (41 mins.)

In this week's episode, we interview Bryan Levine.  Bryan is a partner at Knox Levine, a firm that focuses on representing condominium and homeowner associations.

Recently, Florida passed a law known as the "Estoppel Law," Senate Bill 398.  This new law governs certain aspects of what an association can or cannot do when issuing an estoppel letters - those letters that associations issue to let the homeowners know what they owe, what assessments are due, and other financial aspects of the property.

Some things included in the law:

1. The time-frame within which the Estoppel Letter must be issued;

2. A cap on the amount the association can charge for the letter;

3. Describes what information must be included in the Estoppel Letter;

4. The Estoppel Letters must be valid for 30 - 35 days.

If you are on the Board of the association, or an association management company, reach out to contact Bryan Levine at 727-223-6368, www.knoxlevine.com, or Bryan@knoxlevine.com.

If you get a letter from an association and have questions, please send me an email at Shawn@YesnerLaw.com or www.YesnerLaw.com.