FLORIDA – Forced-out condo owners ask governor for help
MSN Real Estate: Forced-out condo owners ask governor for help
By Diana Olick, CNBC
August 28, 2014
Florida condominium owners in danger of losing their homes are making a final desperate plea, hoping that Gov. Rick Scott will intervene.
These owners are not in foreclosure, nor are they behind on their mortgages. Instead they are being threatened by a group of developers, Madison Oaks Partners, who are using a Florida state law originally designed to protect homeowners from natural disaster, to terminate the condominium agreement and force them to sell their units. Read more:
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