Miami Beach dispute whose idea

were eventually added to HB 1021, wrote to the Herald/Times in an email that Pardo was mistaken in his reading of the bill. “The bottom line as to why Mr. Pardo’s statement is not correct is that there is absolutely no reason why a developer would want to retain title to and control what is customarily common elements in a residential condominium,” Grant said. “In a residential condominium the developer wants to sell all the units and after 90% of the units are sold, the developer wants nothing more to do with the common elements,” he added. “There is no profit incentive to keep control of them… operating the common elements is just a burden.” Grant said that mixed-used condo buildings under the new law “must have a disclosure summary that summarizes the structure and informs buyers that the association will not control the building. Buyers are free to buy or not b

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