Monday, March 28, 2005

Two bills divide homeowner, condo groups on foreclosures and state regulation
Fred Pilot found this good article that lays out the upcoming legislative battle in Florida. High stakes all around...

Two statewide organizations will duke it out on Wednesday in Tallahassee over the laws that affect millions of Floridians who live in association-run communities. The sides disagree on two bills that would ban boards from foreclosing on owners who owe less than $2,500 (SB 2632), and would require mandatory training for board members, mandatory audits of association books, and state regulation of homeowner association boards (HB 1229).

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