Gibraltar Title Newsletter Friday, April 21, 2017

Your Weekly News & Updates

At Gibraltar Title we help keep you up to date on local events, real estate developments and title issues. If you have any questions don’t hesitate to call us at 954-771-7601.

Is It Worth Suing a Rogue Condo Board President?

Owner of Gibraltar Title and the Law Firm of Gary M. Singer, Board-certified real estate lawyer Gary M. Singer writes about the housing market in the Sun Sentinel each Monday.

Gary Singer

 

Q: I live in a community association where the president of the board is violating several statutory provisions and community rules. When a homeowner brought this up at a board meeting, the president told the audience to deal with it or just sue him. What should we do? — Jeff

A: The very large majority of people who take on the often-thankless and time-consuming job of serving on the board have the best of intentions. Unfortunately, sometimes a rogue board member gets in power and wants to carry out his or her own agenda or to abuse the new-found power by ignoring the rules.  Even if the president is just trying to bend the rules for what he perceives to be a good cause, no one in any position of authority should ever substitute his own judgment for what was agreed to in the community documents or the law.  Your best course of action is to discuss the matter with the offending party. Instead of immediately challenging the president, thereby putting him on the defensive, try to find out what his motivations are. He may simply be trying to do the right thing in the wrong way.  However, if his actions are truly harmful, you may need to take legal action. Your choices include suing the board to make it do the right thing or to force a new election to get the right people in place. Of course, you would need to pay the legal fees, and such lawsuits can get expensive. While there is a chance of being reimbursed if you win, there also is the danger of having to pay your community’s legal fees if you lose.

Before you go this route, consider whether his actions have any consequences worth fighting over. For example, if he’s breaking a technical rule that doesn’t have a negative effect on the community or yourself, it’s probably not worth spending the time, money and energy on a lawsuit. You might be best served waiting it out and voting for someone better at the next election, no matter how emotionally frustrating it may be.

If you have any questions you would like to see Gary answer, please email him at gary@youareclosing.com

Around Town

Las Olas Wine & Food Festival
Friday April 21st
Las Olas Blvd
Fort Lauderdale

The New Planets
Friday April 21 7:30 pm
Mickell Park
Wilton Manors

Fringe Festival
April 21 though April 23rd
Fort Lauderdale

The Blue Wild Expo
10 am April 22 and April 23
Broward County Convention Center
Fort Lauderdale

FARBAR Revisions Went In to Effect April 4th

Did you know that there are revisions to the FARBAR As Is Contract that went in to effect on April 4th? If not you should get up to speed on these changes.

See below to see the Lunch and Learn events we are hosting on these changes. You can also feel free to reach out to us, we would be happy to go over the changes.

Here is a link to the major revisions that you need to be aware of.

Our Upcoming Lunch and Learns

We are hosting a variety of educational opportunities in the next month. Please check out our calendar below to find an event that interests you. Keep an eye on your email for an invitation!

•    Noon Wednesday April 27th FABAR Revisions and Loan Commitment Contingencies
•    12:30 Wednesday May 3 FARBAR Revisions and PRMG’s New Real Estate App
•    12:30 Wednesday May 17th New Homebuyer Financing Options and Other Issues

Lighter Side of Real Estate

newshumor

Copyright © 2017 Gibraltar Title, Inc – Law Firm of Gary M.Singer, All rights reserved.

Our mailing address is:
2929 East Commercial Blvd, Suite 100 Fort Lauderdale FL 33308
1391 Sawgrass Corporate Pkwy, Sunrise, FL 33323

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