LEGISLATURE: Less is Not Always Best Significant Changes to the Commercial Condominium Regime

LEGISLATURE: Less is Not Always Best Significant Changes to the Commercial Condominium Regime

  • Posted: Feb 21, 2016
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LEGISLATURE: Less is Not Always Best Significant Changes to the Commercial Condominium Regime Recently, several new laws went into effect that only affect commercial condominiums. While only a few of these changes make sense, most do not and illustrate the significant misunderstanding of the need to protect all condominium unit owners without regard to whether the condominium is residential or commercial. Remember, before you get too excited, this article only addresses changes to COMMERCIAL, and NOT residential condominium associations. Why our Florida legislators have determined that unit owners of commercial condominiums are not entitled to the same protections as owners of residential condominiums shall forever remain a mystery. If you own a unit in a commercial condominium, you need to be aware of these important changes. There is no longer any protection for an owner of a minority of units in a commercial condominium, WHATSOEVER! In other words, there is no equality – whoever owns the most units or the most square footage is “King of the Condo”, FOREVER AND EVER AND EVER AND EVER AND EVER!!!…

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