The Fund Concept

Essential monthly newsletter for real estate attorneys in Florida

Published by The Fund's Legal Services department, The Fund Concept is our monthly newsletter that has proven to be essential reading for our attorney members. If you are looking for the latest developments in real estate law and the title industry, this is where you will find them. Since 1969, this publication has been an important resource for education and information.

The Fund Concept is also available online in electronic (PDF) format and requires Adobe's Acrobat Reader for viewing. Every issue of the Fund Concept, dating back to 1969, is currently available.

The Fund Concept Online allows you to download each issue, or search for articles that match your interests.

Contending with Memorandums of Interest

By Brian Stringer, Fund Underwriting Counsel

The Fund has noticed an increase in the number of recorded instruments titled “Memorandum of Interest” or words of similar import (the Memo) affecting real property throughout the state. The Memo typically refers to a Homeowner Benefit Agreement (Agreement) and is recorded in the public records to memorialize the Agreement and give notice of its specific terms. Such Agreements can affect real property in numerous ways and are often purported to be in effect...