Contact us:
1200 North Federal Highway
Suite 200
Boca Raton, Florida 33432
Phone: (561) 210-8510
Fax: (561) 210-8509
Email:
mdm@moccialaw.com
Real Estate
The Law Office of Michael D. Moccia, P.A. handles
both residential and commercial real estate closings as well as
representation for real estate issues such as construction
disputes and landlord-tenant issues.
Be
Careful When Entering into a Real Estate Contract
Many people enter into a real estate contract without fully
understanding its terms. This can be especially true when buying a
home or commercial condominium from a builder rather than an owner.
Contracts between builders and home-buyers often contain many provisions
that protect the builder and leave the buyer with little recourse if
problems arise. Before entering into any real estate contract with
a builder, make sure that you fully understand its terms and how the
terms affect your rights. If you are unsure about the meaning of
any of the terms of the contract, you should hire an attorney to make
sure that you fully understand what you are getting into.
Mandatory Non-Binding Arbitration in Condominium Association
Disputes
When
a dispute arises between a homeowner and condominium association,
Florida law may require that the parties submit the dispute to
non-binding arbitration before the homeowner may file suit. The
intended purpose of mandatory non-binding arbitration is to provide a
fast and cost-effective resolution of disputes between homeowners and
condominium associations. The types of disputes subject to mandatory
non-binding arbitration are disputes regarding the authority of the
board of directors to require a unit owner to take action or not take
action regarding the unit, the authority of the board of directors to
alter or add to a common area, the failure of the condominium governing
body to properly conduct elections, the failure to give adequate notice
of meetings or other actions, the failure to properly conduct meetings,
or the failure to allow inspection of books or records. Other types of
disputes such as the levy of a fee or assessment do not automatically
require non-binding arbitration prior to filing suit, however, your
condominium's governing documents may require that arbitration or other
steps be taken before suit may be filed in these types of disputes.
Contact us today to find out how we can
assist you with your legal needs.