Florida real estate is probably one of the most substantial investments you’ll ever make. It is your responsibility to conduct inspections and make inquiries before finalizing the purchase and signing on the dotted line. Adler Wellikoff, PLLC often represents clients who discover defects in their new home, despite adequate due diligence.
While South Florida has kept up with strict building codes meant to help buildings stand up to hurricane-force winds, the Panhandle didn't start tightening up its codes until later. Exemptions were provided under the theory that the region's forests would act as a barrier against catastrophic storms.
A homeowners association (HOA) can protect property values in the neighborhood by setting rules and regulations, maintaining common amenities and ensuring that renovations and repairs are completed on time and in uniformity with neighborhood standards. They act in the best interest of the neighborhood (or another common interest development, such as a building), as opposed to in the interest of individual homeowners.