Member > General Counsel Blog > June 2022 > Let’s Change the Laws: Take this Brief Estoppel Survey

Let’s Change the Laws: Take this Brief Estoppel Survey

Dear Members,

Estoppel reform? 2023 might be "the year" for us to try and get some changes made to the HOA/Condo estoppel laws (I am referring to the process for requesting an estoppel and the information required to be included in it).  It will be extremely helpful for me to get a sense of the true pain points you are experiencing about the current process so I have put together a simple, brief survey for you to complete.  This will give me the data I need to begin discussions of a proposed bill with key stakeholders and legislators.  Here's a link to the survey.   https://www.getfeedback.com/r/WrtSf2EY Thanks!

Wire fraud tip.  I received a lot of responses to my blog posting last time about wire fraud.  One suggestion that came from a Member was this:  keep your own log of "safe" wire instructions for the lenders you work with that need to be paid off.  Make sure you compare what is on the payoff letter with what you have in your "safe" log.  If there is a discrepancy, you need to investigate!

Short and sweet this week!

Let me know how we can help you.

Melissa Jay Murphy
Executive Vice President, Chief Legal Officer, and General Counsel

06/08/2022

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