Under just-passed Fla. tort reform, multifamily operators can limit their liability for injuries on their property. If they follow a specific roster of security guidelines, they can attain a “presumption against negligence.”
The planning process starts with questions. HUD notes that things like technology have changed, and it will update regulations after a public comment period.
A Bradenton homeowner fixed problems nine years ago after a city code violation, but a surprise lawsuit for $75K arrived last Aug. demanding money.
HUD will propose clearer rules shortly. Once finalized, they’ll help the RE industry comply with the Fair Housing Act and be the standard for gov’t-assisted housing.
NAR report cites Port St. Lucie for its homeownership rate of 83% for mid-income residents, and Ocala and Palm Bay for a Black ownership rate higher than 60%.
The Senate unanimously passed a bill that eases the timeline for condo inspections. It now goes to the House and, if passed there, to Gov. DeSantis for his signature.
Rejecting lower-court decisions, the Fla. Supreme Court ruled that homeowners who rent out rooms within their property may lose part of their homestead exemption.
Local zoning generally cedes more space to single-family homes than multifamily, HUD says, and it’s releasing new data that backs up recommendations for change.
Rather than just react to fair housing complaints, HUD plans to be more assertive via a program announced in Jan. This week, it extended the comment period to April 24.
The White House released a summary of updates that includes the debut of a new webpage where homeowners or buyers who suspect appraiser bias can find help.
