Introduction In a significant shift towards transparency, Fannie Mae, the Federal National Mortgage Association, has recently announced that it will make its once-secret "Condo Unavailable Projects and Phases Report" accessible to the public. The decision to make this report publicly available reflects a broader industry trend
Nearly 2 years after the Surfside collapse, the New York Times recently reported that a 35-unit condominium in North Bay Village, Florida was ordered to be evacuated after an engineer deemed the condominium to be structurally unsound. The engineering report provided to North Bay Village
Introduction Condominium insurance for units and common elements within the condominium requires the coordination of two different types of insurance. The first type of insurance is the master condominium policy purchased by the condominium association, which is also known as a “CGL” or commercial general liability
The Federal Housing Administration (“FHA”) is a government-owned and operated insurance company which was established by the National Housing Act of 1934. FHA insures home loans for buyers who typically cannot afford a conventional down payment. To be clear, FHA does not lend taxpayer money
