August 27, 2024 | Daily Business Review
Florida's Latest Community Association Bill (HB 1021): Enhancing Governance and TransparencyThe passage of HB 1021 marks a significant shift in the governance and management of community associations in Florida. Effective from July…
By Celena R. Nash
7 minute read
June 04, 2024 | Daily Business Review
Navigating the CTA: Compliance Tips for Condo and Homeowner AssociationsThe Corporate Transparency Act (CTA) was enacted in 2021 with an effective date for compliance on Jan.1, 2024. This legislation plays a crucial role in preventing illegal money transfers into the U.S. from abroad as well as combat tax fraud and other illicit activities.
By Celena R. Nash
4 minute read
March 12, 2024 | Daily Business Review
Understanding the Definition of a Foreign Principal: A Legal PerspectiveOne of the most controversial laws that restrict property ownership by foreign nationals took effect on July 1, 2023. This law comes with a complex landscape of international relations and legal restrictions. The term "foreign principal" often arises, especially in the context of property ownership in the United States.
By Celena R. Nash
5 minute read
October 23, 2019 | Daily Business Review
Can a Homeowner's Association That Allows the Violation of a Restrictive Covenant be Liable in Tort?The relevant municipal code prohibited on-street parking that interferes with the flow of traffic. Allowing on-street parking occasionally prevented cars from traveling between two cars parked on both sides of the street.
By Celena R. Nash
3 minute read
October 14, 2019 | Daily Business Review
Opportunity Zone Benefit for Investors: Timing Is KeyThe Opportunity Zones incentive was created by the Tax Cuts and Jobs Act of 2017 to encourage long-term investments in low-income urban and rural communities nationwide.
By Celena R. Nash
3 minute read
October 09, 2019 | Daily Business Review
Practical Approach for Community Association Risk ManagementEach community association should operate as a nonprofit business with an important goal in mind: Promoting the health, safety and welfare of its community.
By Celena R. Nash
3 minute read
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