Beginning with loan applications taken October 3, 2015, the CFPB (Consumer Finance Protection Bureau) rolled out the new TRID (TILA-RESPA Integrated Disclosure) forms. These forms replace the GFE (Good Faith Estimate), TIL (Truth In Lending) disclosures, as well as the HUD-1 closing settlement statement that mortgage consumers have been used to seeing for years. So,…
When construction projects are completed, owners of commercial and residential property often discover construction and design defects, poor workmanship and building code violations. When this happens, owners must follow certain procedures as required by Florida law before being permitted to file lawsuits or arbitration proceedings to collect damages from responsible parties. Chapter 558, Fla. Stats….
My good friend, and for the purpose of this article I will call her Gina, is renovating. Got your attention yet ? No, I will admit I was far from excited to wander over into a mess of a home renovation project that consumes practically every homeowner, inclusive of varying conditions ranging from temporary disorganization…
Significant U.S. Supreme Court rulings in 2015 which garnered a lot of media attention addressed diverse topics which included: lethal injection; same-sex marriage; healthcare subsidies and pollution limits. In addition, there was one ruling involving housing discrimination that could profoundly impact the community association industry. The 5-4 Supreme Court holding in Texas Department of Housing and…
There was an advertisement recently showing a thief breaking into a home just as a woman was driving past. Of course, she immediately called the police who then came and arrested the thief before he could get away with the stolen goods. The purpose of the advertisement was, of course, to promote awareness in neighborhoods…