Terminating a condominium is a significant decision for any Florida condominium community association. This process has evolved through a series of legislative amendments, aimed at balancing the needs of property owners, condo associations, and public safety.
Condominium Termination Factors
In recent years, interest in terminating older condominiums has grown, especially as condo buildings age and repair costs … Read More ›
A condo termination, also known as a condominium deconversion, refers to the process where a condominium association legally dissolves. Condo terminations occur for several reasons including economic factors, aging infrastructure, or the desire of unit owners to capitalize on real estate market conditions.
The specifics of how a condominium termination is carried out can vary based … Read More ›
KSN is proud to introduce Brainy Board – a streaming service and educational resource for new and experienced board members throughout the country.
Brainy Board provides on-demand access to videos addressing condominium, homeowner (HOA), and townhome community association concerns and legal issues.
To create your free Brainy Board account today and start watching our library of on-demand videos, … Read More ›
“Understanding Condominium Deconversions” – KSN attorney Omar Malik discusses the condominium deconversion trend and challenges presented by these large-scale sales. Topics include board member responsibilities, the property manager’s role, legal challenges, best practices and more. Omar also reviews KSN’s experience with handling over ninety deconversion transactions. (52 mins.)
The KSN Podcast examines various aspects of association … Read More ›