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Photo of Margaret A. "Peggy" Rolando

Margaret A. "Peggy" Rolando

Partner
Biography

Margaret A. ("Peggy") Rolando is a partner in the Miami office of Shutts & Bowen LLP, where she is a member of the Real Estate Practice Group.

A Martindale-Hubbell AV® rated attorney, Peggy is Florida Bar Board Certified in Real Estate Law. She's on the Board of Governors of the American College of Real Estate Lawyers (ACREL) and is a past chair of the Real Property, Probate and Trust Law Section of The Florida Bar. She's also a long time active member of The Florida Bar Committee on Condominiums and Planned Developments. Peggy has been named one of the Best Lawyers in America® in real estate since 2010 and has been recognized by Chambers USA – America’s Leading Lawyers for Business, Florida Super Lawyers, and Florida Trend Magazine’s Legal Elite in real estate. She was also listed among the Top 50 Women Lawyers in Florida.

Experience

Peggy has a strong background in the acquisition, development, sale, financing and operation of large scale real estate projects. She has extensive experience in the creation and operation of condominiums, planned developments, mixed use projects, resorts, clubs and hotels, including regulatory matters, development, structuring, restructuring, documentation, termination and management.

She counsels developers in evolving flexible legal structures, preparing governing documentation, and filing documentation with the appropriate governmental agencies for the sale of lots and units, including compliance with the Florida Condominium Act and the Interstate Land Sales Full Disclosure Act (ILSA).

Peggy regularly advises clients on legal and operational aspects of hotel and resort condominiums and timeshare projects. She also offers guidance on operating community associations and making and defending construction defect claims, conducting meetings of members and of directors, and negotiating resolution of disputes between developers and associations.

Peggy has particular expertise in termination of condominiums having chaired or participated in the subcommittees responsible for drafting proposed statutory revisions to the termination provisions in the Florida Condominium Act and represented clients in pursuing efficient and effective termination strategies.

Peggy’s experience in condominiums, master planned communities and mixed use developments provides an exceptional background for advising clients on the sale, purchase and operation of distressed real estate, particularly fractured condominiums and land developments. She works with lenders, bulk investors and receivers to craft and implement exit strategies for condominium and non-condominium residential, commercial and mixed use projects.

Professional and Community Involvement

Peggy is a respected speaker at the national level on development, structuring and workouts of condominiums and planned developments. She has also presented at Florida seminars on acquisition and sale issues and condominium, planned community and mixed use topics and has published and co-authored articles on community associations, mixed-use developments, workouts, and other real estate topics.

Outside of her practice, Peggy serves on the Board of Trustees of Spring Hill College in Mobile, Alabama. She was a member of the Board of Trustees of Florida State University and has been a member of the Board of Visitors of Florida State University College of Law since 1994. Peggy was recently appointed to the Board of Trustees of The Ringling Museum in Sarasota, and is a member of the Board of Advisors of the Georgia Museum of Art in Athens. She also serves on the City of Coral Gables Historic Preservation Board.

Recognition

  • Chambers USA: America’s Leading Lawyers for Business, Real Estate, 2011-2015
  • Best Lawyers in America, Real Estate, 2010-2016
  • Florida Trend's Florida Elite, Real Estate, 2007-2011
  • Florida Super Lawyers, Real Estate, 2007-2015; Top 50 Women Lawyers in Florida, 2008 and 2013
  • Who's Who Legal, Real Estate, 2011-2014

Education

  • Florida State University, J.D., with honors, 1978
  • Florida State University, M.A., 1974
  • Spring Hill College, B.A., magna cum laude, 1972

Bar Admissions

  • The Florida Bar

Affiliations

  • American College of Real Estate Lawyers
    • Board of Governors (2006-2009 and 2014 to present)
    • Fellow (2000 to present)
    • Vice Chair of Common Interest Ownership Committee (2009-2011)
  • Chair of Programs Committee (2012-2013)
  • Real Property, Probate & Trust Law Section of The Florida Bar:
    • Immediate Past Chair (2014 to present)
    • Chair (2013-2014)
    • Chair-Elect (2012-2013)
    • Real Property Division Director (2010-2012)
    • Member of Executive Committee (2006 to present)
    • Member of Executive Council (1993 to present)
    • Member of Committee on Condominiums and Planned Development (1980 to present
  • Member of Commercial Real Estate Committee (2012-present)
  • City of Coral Gables Historic Preservation Board (2008 to present)
  • Board of Trustees, Florida State University (2010-2015)
  • Board of Visitors, Florida State University College of Law (1994 to present)
  • Board of Trustees, Spring Hill College (2000-2009 and 2015 to present)
  • Board of Advisors, Georgia Museum of Art (1992 to present)
  • Board of Directors, The Ringling Museum of Art (2015 to present)
  • Treasurer and Board of Trustees, Seraphic Fire (2014 to present)