HOAs

Disputed real estate estoppel bill clears House panel, but has a long way to go

Published on November 3, 2015 in Statewide/Top Headlines by Ryan Ray

Amid a heated inter-industry debate among representatives of title insurance companies and homeowners’ and condominium association managers, a bill to shift certain closing costs onto the latter passed the House Civil Justice Committee on Tuesday with two “no” votes. Republican Rep. John Wood‘s HB 203 is based on the premise that HOAs and condo associations are charging unreasonable fees, “holding hostage” homeowners trying to sell their units in HOAs and making them pay for a “letter of estoppel” from the association before…

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Lawmakers vow to “smash the home tax”

Published on November 2, 2015 in Statewide/Top Headlines by Ryan Ray

A gaggle of Republican House members gathered outside the Capitol Monday morning to register their opposition to a bill they call the “home tax” – and to smash it in effigy. “Any time you are taking money from homeowners, it’s a tax hike,” said Rep. Dennis Baxley. “We always have to be vigilant because increased costs to homeowners can come coded in other language. It’s still a tax!” The bill in question is HB 203, which would shift the burden when…

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