By JANE MUSGRAVE -- Palm Beach Post Staff Writer In a typical election year, Florida Supreme Court justices put $500 in their campaign accounts and after the votes are counted, they withdraw the money and settle in for another six years. This year, Justices R. Fred Lewis, Barbara Pariente and Peggy Quince each have about $330,000 in their campaign war chests. They are touring the state, talking to business groups, visiting newspaper editorial boards, making robo-calls to voters and hoping they survive http://www.palmbeachpost.com/news/news/state-regional-govt-politics/florida-supreme-court-retention-race-unusually-str/nSb9t/ … [Read more...]
"Reverse Foreclosure" Makes Banks Accountable to HOA
January 25, 2010 By
STAFF REPORT MIAMI --A South Florida court decision has paved the way to a legal solution for condominium and homeowners associations to address the under-reported but highly commonplace practice of banks stalling their foreclosures. Association Law Group has created the "reverse foreclosure" procedure in cases where an association has already acquired title to the property by its own foreclosure, but the bank's foreclosure action is still pending or stalled. Under ALG's new reverse foreclosure procedure, the association intentionally admits, in response to the bank's foreclosure lawsuit, that the bank is entitled to take title to the financially upside down unit immediately. Under such procedure, the association knowingly waives its right of redemption and its right to a foreclosure sale, requests the court to grant a partial summary judgment against the association … [Read more...]
