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Short and sweet legislative update for most associations

Clayton & McCulloh | Jul 24, 2015

As you may be aware, this year’s Florida legislative session ended with an unprecedented early adjournment of the Florida House. As a result of an early adjournment, the most consequential bill for community associations, Senate Bill 736/ House Bill 611, was…

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Flood and Overflow Insurance Exclusions in Hurricane Season

Clayton & McCulloh | Jul 07, 2015

Big winds usually grab the headlines. But as recent mega-storms such as Katrina and Sandy and the Texas deluges have shown the real punch of these storms comes in the form of rising water and water damage.  Very few property insurance policies provide flood/…

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First in Time, Last in Line!!!???

Clayton & McCulloh | Jun 23, 2015

Typically, when we think of the priority of recorded documents in the public records, we believe that whoever records their document first has priority.  While this is typically the case, when it comes to mortgages and promissory notes, that is not necessarily…

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Amenities

Clayton & McCulloh | Jun 11, 2015

Amenities can define a community.  If golf or nature or other features attract residents, both residents and their guests take advantage of the opportunities such features offer.  In some communities, certain activities may be open to the public or…

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Assignment of Bid and Safe Harbor

Clayton & McCulloh | May 12, 2015

HOA and COA’s may finally see some relief in the Safe Harbor nightmare that they currently are faced with.  The Florida Statutes, as they are currently written, require Banks, who are the foreclosing first mortgagee, to pay an Association the lessor of 12…

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