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A common misconception is that fair housing laws only apply to landlords. In fact, important and powerful provisions of both the Ohio and federal Fair Housing Acts apply to both... Read More...
The Condominium Approval Process Has Been Relaxed
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There are a few updates to provide to you this month concern FHA approvals for condominium properties and the progress of condominium and HOA reform legislation over these last several months. Read More...
Generally speaking, the Fair Housing Act and its Amendments (FHA) prohibit discrimination against a protected class of persons, which include race, color, national origin, religion, gender, familial status, and individuals with disabilities. On January 21, 2015, the U.S. Supreme Court heard oral arguments in a case that could substantially limit the number of claims made under the FHA against community associations. Read More...
Many Ohio condominium board members and property managers are familiar with the Federal Housing Administration (FHA) requirements to obtain the initial approval or recertification of an existing approval so that FHA loans may be approved for purchasers of condominiums. FHA financing is important for many Ohio condominium communities since it is estimated that as many as 30% of all condominium mortgages are FHA loans. Read More...