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Tag Archives Condo

How Our National Political Discourse Parallels Our Community Association Discourse

It’s hard right now to turn away from the 24/7 news cycle and its discord, rancor and heated rhetoric. When we spend the majority of our time discussing just 20% of the topics which concern us, we cannot commit time or energy to the other 80% which also demands our attention. It’s not surprising that …

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Florida Condo Associations Cannot Waive Year-End Audits for More than Three Consecutive Years

Question: Our annual budget is always over $500,000 and requires a year-end audit unless waived by the owners, which I understand cannot be done more than three consecutive years. Is there a penalty and what could happen if the association obtains owner approval to waive the audit for more than three consecutive years? …

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Are Social Event Expenses a Proper Expense for Florida Condominium Associations?

Question: My condominium association holds an annual holiday party at a nearby restaurant. The association pays for everything, including the banquet hall, food and refreshments, by using common funds. Is this a proper common expense? J.A.

Answer: Maybe. Your condominium association’s governing documents likely include a definition of “common …

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Condo Insurance Requirements

Question: What is the new law concerning condo air-conditioners? Is there a new law?

Answer: The association’s insurance policy must include coverage for the HVAC system – the air conditioning units, compressors, thermostats, duct work, etc., when in the past air conditioners serving the unit were insured by the …

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