By Eric Glazer, Esq.

Published December 6, 2021


After the financial crisis of 2007 and 2008, The Florida Legislature passed the “bulk buyer” statute.  The purpose of the law was to stir the economy and get investors and large companies to purchase  a bulk of units in a condominium without being labeled as a “developer”  because if you are a ”developer” you may owe lots of responsibilities to the owners and you won’t be able to control the majority of the Board of Directors.   It worked.  Investors started to buy huge bulks of units in a condominium.  They assumed that as “bulk buyers” and not “developers” they would certainly get control of the Board of Directors.  Well….our firm just won an arbitration case that held that if the condo docs were recorded before the ‘bulk buyer” statute was created and there is no Kaufman language or as amended from time to time language in the declaration, that investor is not a “bulk buyer” at all, but instead is a “developer.”


To read about the case, click here!

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About HOA & Condo Blog

Eric Glazer

Eric Glazer graduated from the University of Miami School of Law in 1992 after receiving a B.A. from NYU. He has practiced community association law for three decades and is the owner of Glazer and Sachs, P.A. a five attorney law firm with offices in Fort Lauderdale and Orlando.

Eric is Board Certified by The Florida Bar in Condominium and Planned Development Law.


Since 2009, Eric has been the host of Condo Craze and HOAs, a weekly one hour radio show that airs at 11:00 a.m. each Sunday on 850 WFTL.


See: www.condocrazeandhoas.com.


Eric is the first attorney in the State of Florida that designed a course that certifies condominium and HOA residents as eligible to serve on a Board of Directors and has now certified more than 20,000 Floridians all across the state. He is certified as a Circuit Court Mediator by The Florida Supreme Court and has mediated dozens of disputes between associations and unit owners. Eric also devotes significant time to advancing legislation in the best interest of Florida community association members.

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