VO Tip #4: Don't do Business with These Folks (since they won't do business with you)

Just recently, I gave a referral to a very fine attorney- actually he is one of many that I have known through real estate closings as well as other legal matters. I had given him a - what I think was a great referral.... someone lost 3 million bucks in a situation ex-husband, buy-renovate-flip kind of thing... The connection was made and most likely the attorney "friend" will have a case.

The potential client called me IN ERROR.... a "WRONG" number... I believe and have believed that a wrong number CAN BE converted to something- IF I am open to listen and willing to help!

I heard her out and determined that I do know a GREAT LITIGATION ATTORNEY, I could easy link to his firm now and create more good will for him and promote his LEGAL business. I must step back and not be so generous.

I had an attorney call me a few days ago- I'm living in (actually staying at) a condo that is owned by one of my SHORT-SALE , PRE-FORECLOSURE, LOAN  MODIFICATION, etc.

Before bringing in my things- I did ask the owner for permission to camp out at his place- he said, OK. But you must cooperated with the receivership office - another attorney representing this 13 unit vintage building- I agreed to do as he said.

I'm always- when on the ball and alert - looking for way to pay it forward, help whevever and whoever I can. That's just the way I like to life my life. 

Out of the 13 or 14 units in this condo conversion know as HOLIDAY TOWERS CONDO on INDIAN CREEK DRIVE IN NOSTALGIC NORTH BEACH... It seems like 10 units are VACANT! This means to me, that only 4 units are paying the condo association fees.... Right?

FLORIDA CONDOMINIUM ACT

718.116 Basically states and was recently enacted for a very good reason- I agree that it MUST be enforced to the full extent of the law.

718.116  Assessments; liability; lien and priority; interest; collection.

(1)(a)  A unit owner, regardless of how his or her title has been acquired, including by purchase at a foreclosure sale or by deed in lieu of foreclosure, is liable for all assessments which come due while he or she is the unit owner. Additionally, a unit owner is jointly and severally liable with the previous owner for all unpaid assessments that came due up to the time of transfer of title. This liability is without prejudice to any right the owner may have to recover from the previous owner the amounts paid by the owner.

(b)  The liability of a first mortgagee or its successor or assignees who acquire title to a unit by foreclosure or by deed in lieu of foreclosure for the unpaid assessments that became due prior to the mortgagee's acquisition of title is limited to the lesser of:

1.  The unit's unpaid common expenses and regular periodic assessments which accrued or came due during the 6 months immediately preceding the acquisition of title and for which payment in full has not been received by the association; or

2.  One percent of the original mortgage debt. The provisions of this paragraph apply only if the first mortgagee joined the association as a defendant in the foreclosure action. Joinder of the association is not required if, on the date the complaint is filed, the association was dissolved or did not maintain an office or agent for service of process at a location which was known to or reasonably discoverable by the mortgagee.

(c)  The person acquiring title shall pay the amount owed to the association within 30 days after transfer of title. Failure to pay the full amount when due shall entitle the association to record a claim of lien against the parcel and proceed in the same manner as provided in this section for the collection of unpaid assessments.

EVERY CASE IS UNIQUE... I AM SORT OF CAMPING OUT HERE.... THE ELECTRIC BILL IS IN MY NAME... MY CAR HAS BEEN BROKEN INTO, SUCKS. I DON'T PAY RENT, YET. THE OWNER HAS BEEN KIND ENOUGH TO LET ME BORROW HIS FULLY FURNISHED PLACE. I NEED A PLUMBER, AND ELECTRICAL WORK TOO- I AM WILL TO PAY FOR THESE REPAIRS~PROBABLY $1,500 IN LABOR AND MATERIAL. LET'S GET CIVILIZED AND WORK THINGS OUT. 

WHAT I OFFER IS TO GET THE OTHER UNIT SOLD AND/OR RENTED SO THAT THE CONDOMINIUM ASSOCIATION OF HOLIDAY TOWERS CONDOMINIUM ASSOCIATION.... CAN COME OUT OF RECEIVERSHIP. MY INTENTIONS ARE GOOD, HONEST AND IN THE BEST INTEREST OF LENDERS, OWNERS AND THE GENERAL PUBLIC.

IT is critical to understand the who, what, where, when, HOW and why ~ BEFORE JUMPING TO CONCLUSIONS.

I AM NOT AN ATTORNEY AND DO NOT PLAY ONE ON TV, CABLE, THE INTERNET, ETC.

NOTARY PUBLIC, APOSTILLE SERVICES, MORTGAGE GUIDANCE, REAL ESTATE BROKER, SINCE 1980

Mott Marvin Kornicki, REALTOR®