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The Termination of Condo Terminations?

Martin A. Schwartz

A Florida 2015 Condominium Law Amendment

Condominiums were established in Florida in 1963. The condominium form of ownership in Florida has, therefore, been in effect for more than 50 years. An aging condominium stock sitting on valuable land gave rise to a modification of termination provisions in 2007, the effects of which are still playing out.

In June, the 2015 Florida Legislature passed Chapter 2015-175, as a result of perceived abuses in condominium terminations. This statute amended the termination provisions of the Condominium Act to address some practical problems in terminations and imposed a number of impediments to future terminations. The solutions to perceived abuses by the legislature may look good in the short term, but may have negative effects on the housing market in another sustained downturn.

In the December 2015 volume of The Florida Bar Journal, Bilzin Sumberg Real Estate Partner, Martin A. Schwartz, surveys the changes in the termination provisions of Florida’s condominium law,  the experience of the 2007 changes and the consequences of the 2015 amendments. As the chair of a subcommittee which drafted many of the changes in a proposed Bar bill, much of which was incorporated into the 2015 legislation, Marty brings a wealth of experience and understanding of the termination process and the issues related thereto.

Click here to read the full article.



Press Release April 18, 2016
Bilzin Sumberg announces that Real Estate Partner Martin A. Schwartz was named a Fellow to the American College of Real Estate Lawyers (ACREL). With fewer than 50 ACREL Fellows in Florida, the exclusive invitation for membership is reserved for distinguished lawyers contributing to the improvement o...
Client Alert April 10, 2012
On Friday, April 6, 2012, Governor Rick Scott signed HB 517 which contains a provision extending the Distressed Condominium Relief Act (Act) otherwise due to sunset July 1, 2012.
New Miami Blog May 29, 2013
Three condominium and homeowners bills were passed by the Florida legislature: House Bill 73, Senate Bill 120, and House Bill 7119. One of the bills, Senate Bill 120, is currently before the Governor for review. Two of the three bills (HB 73 and HB 7119) inserted the Division of Florida Condominiums...