Questions Swirl About Implications of Bernanke Comments for Housing

Florida's condominiums and HOAs face converging pressures from stalled legislation, new Fannie Mae and Freddie Mac lending standards, and proposed reforms to the state's condominium termination statute.

Sellers of residential mortgage loans face serious financial risks if they sign purchase agreements without careful review. Key provisions on fraud, defaults, materiality, and survival periods can create unlimited liability well beyond any profit earned.

Joseph Hernandez leads a discussion on recent developments in Florida condominium terminations and hotel-condominium disputes at Florida Law Con.