Event Title and Details:

Title: Florida's New Condo Law Landscape: What MLO's Need to Ask For Upfront!

Date: July 19th, 2023

Time: 11:00 AM to 12:00 PM

Location: Online Webinar

Special Guest: Community Savings, Kara Sutton & Chris Costanza

REGISTRATION LINK

Description:

Due to new Florida condominium revisions approved in June of 2023, MLO’s need to be proactive and ask questions of condo management companies and what to look for on structural engineer reports UPFRONT to avoid closing delays. The July 19^th Brokers and Bagels on Zoom will dive into what “need to know” questions should be addressed with condominium management companies and where to find answers if not readily available. Other “need to know” condo questions that can trip up a loan if not known until a condo questionnaire is received will also be reviewed.

In June of 2023, Florida passed Senate Bill 154 that requires condominiums three or more stories in height and built prior to July 1^st, 1992 to have a structural engineer report before the end of 2024. Lenders are already putting requirements in place anticipating the mandate next year.

Revised Condo Law: https://www.flsenate.gov/Committees/billsummaries/2023/html/3187

To keep yourself at the forefront of these changes and ensure you're armed with the latest knowledge and insights, register now for our Brokers and Bagels meeting.

Secure your spot at EventBrite and join us as we unpack Florida's new condo law landscape, what MLOs need to ask for upfront, and how to navigate these changes successfully.

Remember, the better prepared we are, the smoother our transactions will be, and the more our clients will benefit. Don't miss out on this opportunity to learn, grow, and strengthen your MLO practices. Register today!