On September 12, 2019, our office published a blog explaining the new FHA Condominium Approval Rules that became effective on October 15, 2019, which includes the single-unit approval process. The purpose of these new rules was to create more opportunity for individual condominium owners to obtain FHA insured mortgages....
Federal & Regulatory
FHA Update for Condominium Associations and Unit Owners Nicholas J. Meinert, Esq.
HUD has issued new FHA Condominium Approval Rules that will become effective for all applications filed on or after October 15, 2019. Previously, each condominium association was required to be FHA certified, before any unit could be purchased or refinanced using an FHA insured mortgage. As of October 15th,...
Steps to Becoming a 55 and Older Community By David W. Kaman, Esq
Federal and state fair housing laws prohibit community associations from discriminating against occupants on the basis of “familial status.” Familial status is defined as one or more persons 18 years of age or younger who live with a parent or legal guardian. The community association’s rules and restrictions therefore...
Pool Rule Reminder
For many community associations, summer generally means another pool season for the use and enjoyment of residents and their guests. Most community associations with this amenity have adopted a set of rules that are geared towards reasonably protecting the health, safety, and welfare of pool users, as well as the association...