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Category – Q&A (Question and Answer)
Many readers have posted questions regarding the ability to collect rent from tenants.
It is important to remember that in all of the cases reported previously on this blog, the Court only appointed a blanket receiver to collect rent after the Association filed an action to foreclose its Claim of …
Subscribers recently posed interesting questions concerning the information in Condo Receivers Help Collect Assessments such as the following:
Does the Blank receivership work for HOA’s as well?
How would the association/manager/board find out if tenants live in a specific unit and the association docs does not include …
A reader recently posed the following question:
In preparation of next years election of board members, where or how do I find a division approved education provider? How will the new member become aware of the educational curriculum to obtain a certificate of satisfactory completion.
The reader may …
A blog reader recently posed a question containing the following statement:
We are a HOA of 8000 parcels, and we do not have Statutory required membership or developer reserves.
Membership (mandatory or voluntary) in an homeowners association (HOA) is not regulated by Statute. Section 720.301(9), Florida Statutes defines …
Question: Our board of directors has been talking about switching over to “pooled” reserves. Can you explain what this means?
L.A. (via e-mail) Answer: The concept of funding condominium reserves through the “pooling” method, sometimes also known as the “cash flow” method, came into …
Q&A: The owner of the management company is also a resident/property owner in our community. Some of us feel that this creates a conflict of interest. What is your opinion on this?
Our homeowner’s association is considering taking on the task of fixing abandoned properties to preserve property values and to make the community more attractive to potential buyers.