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3 Gray Areas In Florida's Condo, HOA Safe Harbor Statutes

Law360, New York ( June 25, 2014, 3:55 PM EDT) -- Based on the recent influx of mortgage foreclosure actions in Florida, banks and lenders (mortgagees) have acquired ownership of thousands of condominium units and properties located within a homeowners association. After acquiring title, mortgagees have certain liability for assessments associated with owning these properties....

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