Join the Condominium Committee and the Real Property Finance and Lending Committee for a joint panel discussion of lenders' new requirements affecting Associations which need to borrow money to fund their reserves and pay for necessary inspections and improvements as they struggle in this brave new world of compliance with Post-Surfside Legislation. Our panel of experts consists of Lending Counsels with different perspectives and experiences. Topics will include discussions of factors impacting the Association’s ability to:
- Borrow to fund reserves;
- Borrow to pay for necessary repairs and improvements;
- Borrow to pay for insurance;
- Obtain lines of credit to be accessed for emergency situations;
- Handling loans as a part of termination and re-development; and
- Obtain insurance when it has taken out significant loans.
This is a must attend CLE for anyone involved with condo associations.
Association Borrowing After SurfsideJin Liu
Michael Foelster
Tom Coyle