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Condominiums Real Estate Development

Burr & Forman

Land Condominiums - a Useful Tool for Developers

Burr & Forman on

Many in the real estate industry refer to a type of development known as a “land condominium,” but the term is typically not codified in state statutes or local ordinances. So what is a land condominium? How is it different...more

Winstead PC

Thoughts on Achieving Financial and Social Sustainability

Winstead PC on

In Texas and nationally over the past 15 years we have seen a higher number of condominium projects being developed. The reasons vary, but include a desire for greater density as a means to accommodate higher land prices...more

Moritt Hock & Hamroff LLP

MHH Condo/Co-op Digest, Vol. IX (July 2024)

This newsletter explores the emerging legal topics and issues affecting the condominium and cooperative services industry. Thought-leading attorneys from Moritt Hock & Hamroff’s Condominium and Cooperative Services Practice...more

Bilzin Sumberg

Vertical Subdivisions Receive Recognition in 2024 Amendments to the Condominium Act

Bilzin Sumberg on

This year’s extensive condominium bill CS/CS/CS/HB 1021 (“HB 1021”) containing amendments to the Condominium Act created a new Section 718.407 entitled “Condominiums created within a portion of a building or within a multiple...more

Otten Johnson Robinson Neff + Ragonetti PC

Proposed State Legislation Would Nearly Double the Statute of Repose under the Colorado Construction Defect Action Reform Act and...

While Colorado struggles with an ongoing housing supply deficit and potential buyers grapple with interest rate resistant prices and higher costs of borrowing, local and state governments are entertaining all kinds of...more

K&L Gates LLP

New Illinois Laws for 2024 Affecting Real Estate

K&L Gates LLP on

Illinois has passed a number of laws effective 1 January 2024 that impact commercial real estate and development. These new laws range from new requirements for residential landlords, first of its kind electric vehicle...more

Pillsbury - Gravel2Gavel Construction & Real...

New Jersey Strengthens the Structural Integrity of Its Residential Builds

In response to the June 2021 Champlain Towers collapse in Florida, New Jersey supplemented its State Uniform Construction Code Act by enacting legislation (effective January 8, 2024) to strengthen laws related to the...more

Bilzin Sumberg

4 Trends That Will Shape Florida Real Estate in 2024

Bilzin Sumberg on

As commercial real estate markets across the U.S. cope with rising costs and slowing demand, Florida has been a rare bright spot. The Sunshine State has welcomed a record number of people and businesses in recent years, and...more

International Lawyers Network

Buying and Selling Real Estate in Argentina (Updated)

Key Facts of Real Estate Acquisitions Under Argentinian Law - I. INTRODUCTION. Below you will find a brief outline of the legal regulation of the acquisition of real estate property in Argentina, which is mainly...more

Shumaker, Loop & Kendrick, LLP

Florida Legislature Amends Condominium and Cooperative Safety Statutes Adopted After Champlain Towers South Collapse

On June 9, 2023, Governor DeSantis signed into law Senate Bill 154, which substantially modifies statutory safety and reserve requirements previously enacted in response to the collapse of the Champlain Towers South...more

Stoel Rives -  Ahead of Schedule

4 New Washington Bills Affecting Common Interest Communities That Developers Should Be Aware Of

Washington’s legislators had their eye on common interest communities (CICs) during the 2023 regular session, which ended on April 23, 2023. Three bills relating to or affecting CICs become effective on July 23, 2023. One...more

Nelson Mullins Riley & Scarborough LLP

Condominium Law Changes Resulting from the Collapse of the Champlain Towers South

On June 9, 2023, Governor DeSantis signed into law Senate Bill 154 (SB 154, also known as the “Glitch Bill”), which previously passed unanimously in both chambers of the Florida legislature in early May....more

Bilzin Sumberg

2023 Legislature Responds with Condominium “Glitch Bill”

Bilzin Sumberg on

Contributing Factors to Condo Terminations - A Blog Series - On June 9, 2023, Governor DeSantis signed Senate Bill 154 (“SB 154”) into law. This was the highly anticipated “glitch bill” to address technical issues with...more

Stark & Stark

Pre COVID-19 Construction Cost Estimates Are Likely Outdated

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In New Jersey (and virtually all other states), construction defect cases for common interest community associations are heavily reliant on expert witnesses. Even if a building system is obviously defective — in that windows...more

Downs Rachlin Martin PLLC

How do you Create a Condominium or Planned Community in Vermont?

In our previous article, we discussed the distinction between common interest communities, condominiums, and planned communities.  As we explained, condominiums and planned communities are types of common interest...more

Bilzin Sumberg

Condo Redevelopment Ushers in New Wave of Investment in Florida

Bilzin Sumberg on

A lack of developable land in Florida, coupled with a rise in demand for commercial and residential real estate, is leading savvy investors to redevelop aging condominiums. Originally Published in The Real Deal....more

Bilzin Sumberg

Hotel Condominiums - An Endangered Species

Bilzin Sumberg on

Hotel condominiums are created by combining hotel facilities and condominium units into a single project. They can exist as standalone buildings or part of larger vertical subdivisions. Either way, the hotel rooms are sold as...more

International Lawyers Network

Buying and Selling Real Estate in Argentina (Updated)

KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER ARGENTINIAN LAW - Below you will find a brief outline of the legal regulation of the acquisition of real estate property in Argentina, which is mainly governed by the Argentine...more

Ward and Smith, P.A.

Best Practices For Homeowner Association Directors and Boards

Ward and Smith, P.A. on

Approximately 74.1 million Americans reside in a subdivision, condominium complex, or other planned community that is administered by a community association. Community associations are governed by a board of directors,...more

Bilzin Sumberg

Between a Rock and a Hard Place: Condominiums with Substantial Structural Deterioration

Bilzin Sumberg on

For five months now, Florida condominiums with buildings that are three stories or higher have been on notice of F.S. §553.899, a new statute adopted within Senate Bill 4-D (“S.B. 4-D”) that requires periodic milestone...more

Bilzin Sumberg

Senate Bill 4-D And The Champlain Towers South Disaster: A Problem In Response To A Problem

Bilzin Sumberg on

On June 24, 2021, we witnessed one of the most disturbing events in recent memory. A residential condominium building in Surfside partially collapsed overnight leaving 98 people dead and the surviving residents without a...more

Bennett Jones LLP

Closing Down the Condo: When Developers Want In and Owners Want Out

Bennett Jones LLP on

It is becoming more common for condominium owners to consider terminating a condominium in order to recover capital and (potentially) make a profit. In this post, we address some of the key points that condominium owners,...more

Ballard Spahr LLP

Developing Philly: The State of Philadelphia's Tax Abatements in 2022

Ballard Spahr LLP on

We are introducing a mini-series, “Developing Philly.” The podcast episodes will explore issues that are top-of-mind for developers, owners, and commercial investors throughout the Philadelphia region. We’ll focus on zoning...more

Downs Rachlin Martin PLLC

What is the difference between a Common Interest Community and a Condominium?

And how do you determine whether the Condominium Ownership Act or the Vermont Common Interest Ownership Act applies to your Development? In Vermont, condominium communities are creatures of statute. In other words, if you...more

Bilzin Sumberg

2022 Legislature Responds to Champlain Towers South Tragedy

Bilzin Sumberg on

On May 26, 2022 — nearly a year after the partial collapse of Champlain Towers South—Florida enacted new legislation to address safety concerns for condominiums and cooperative buildings with the passage of Senate Bill 4-D....more

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