Legal Question in Real Estate Law in Florida

Condo Association in Florida

My mother-in-law wants to purchase a condo in a 55+ community. She was approved for a mortgage. However, she was not approved through the condo association because of her income. She has asked that I be added. However, I want to purchase my first home this year. If I am not on her mortgage but on her condo association application does that mean I would be disqualified for first time home buyer benefits, such as the $8K tax credit? Note: I live in NJ but she is in Florida.


Asked on 3/09/09, 4:39 pm

1 Answer from Attorneys
David Slater David P. Slater, Esq.

Re: Condo Association in Florida

If you are added as a buyer, yes

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Answered on 3/09/09, 4:48 pm


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