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Florida Condo & HOA Legal Blog News & Updates on Condo & HOA Laws & Legislation in the State of Florida

Tag Archives: hoa law

Should HOAs be required to register with the State of Florida?

Posted in Legislation

If you are following proposed legislation impacting community associations you know that there is significant activity this year.  Below you will find a full and complete explanation of the action taken yesterday in connection with SB 580.    While SB 580 contains many positive and beneficial changes, it isn’t free from all controversy.   Many community leaders object to having to register… Continue Reading

HOA Traffic Enforcement

Posted in Covenant Enforcement/Violations, Suspensions, Fines & Remedies

New Ruling Authorizes Private Security to Detain & Ticket  Crazy drivers speed through communities endangering the lives of children and other residents. Tailgaters follow residents through the gates jeopardizing HOA security measures. Drivers ignore stop signs because, after all, it’s only the HOA stop sign. How long will it take for a reckless driver to… Continue Reading

Who Prepares Your Association’s Tax Return?

Posted in Assessment Collection

A Las Vegas HOA is currently fighting with the IRS over the question of whether $2 million held in the HOA’s savings account is subject to income tax at the rate of 30%. Associations are generally organized as not-for-profit corporations (some older associations are not incorporated) and therefore must file tax returns like other not-for-profit corporations…. Continue Reading

Are You a Prudent Investor?

Posted in Assessment Collection, Fiduciary Duty of Board of Directors

Investing the Association’s Funds?  If so you should be familiar with the Prudent Investor Rule. Does your association have a written policy with regard to investment of association funds? If so, does the board of directors monitor the investment to ensure compliance with the policy, and, is the policy reviewed and updated from time to time?… Continue Reading

Legislative Proposal Could Wipe Out Common Area Warranties

Posted in Construction Issues & Contractual Disputes

Attention HOA and other home owners, board members and CAMs: There is an attempt to legislatively control (and limit) homeowner rights and remedies for construction defects.  As I explained in Homeowners’ Associations: New Ruling Supports Compensation for Construction Defects and  Florida Supreme Court to Decide Whether Homeowners Associations Entitled to Implied Warranties the HOA statutes do not provide homeowners… Continue Reading

Florida Supreme Court to Decide Whether Homeowners Associations Entitled to Implied Warranties

Posted in Developer Obligations

Last November I posted a blog ( Homeowners’ Associations: New Ruling Supports Compensation for Construction Defects)  alerting readers to an important appellate decision holding that buyers and homeowners’ associations are entitled to a common law implied warranty of fitness and merchantability with respect to the roadways, drainage systems, retention ponds and underground pipes in a residential subdivision.  Florida Condominium… Continue Reading