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Category: Budgets

Florida’s Condominium and Structural Safety Law – 2022 Legislative Update

Florida’s Condominium and Structural Safety Law – 2022 Legislative Update

After failing to pass legislation during the 2022 regular legislative session in response to the Champlain Tower tragedy, … more

Posted in Budgets, Building Maintenance, Condominium Association, Legislation, Reserve Accounts
A Condominium Board’s Conundrum When Levying Special Assessments

A Condominium Board’s Conundrum When Levying Special Assessments

Pursuant to Section 718.111(1)(a), the officers and directors of condominium association owe a fiduciary duty to the unit … more

Posted in Budgets, Building Maintenance, Community Association, Condominium Association, Homeowners Association, Special Assessment
HOA Reserves | Statutory v. Non-Statutory

HOA Reserves | Statutory v. Non-Statutory

Like many other organizations, homeowner associations use reserve funds as a way to prepare for future expenses and … more

Posted in Budgets, Homeowners Association, Reserve Accounts
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