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In many sections of Chapter 718, Florida Statutes, also known as the Florida Condominium Act, the statute requires an “affidavit.” An affidavit is a written declaration or statement of facts, made voluntarily and …
They may be invisible, but easements run throughout your community. What are they, and why do you need to understand them? At some point, nearly every board will encounter an issue that requires …
Every condominium association managing a condominium with 25 or more units, excluding timeshare units, is now required to have a website (which may be a web portal) or application and a laundry list …
The developer has just turned over control of the condominium association to the unit owners. There’s a new board and a long to-do list, among which is the important question: What condition …
Boards of Directors of community associations have a fiduciary duty to its members, and one of the Board’s duties is the protection of the association’s physical assets. In Florida, the need for adequate …
Termination of a condominium in Florida is a complicated transaction with numerous legal issues at play. F.S 718.117 governs terminations of condominiums and allows termination for economic waste or impossibility or optional termination. …
One of the most significant financial decisions facing Florida community associations is how to account for reserve funds. Should your homeowners, condominium or co-op association maintain separate accounts for each reserve component, or …
There are countless reasons that your community association may benefit from providing remote access to meetings of its members or that of its board of directors. In fact, the availability of remote access …
There are countless reasons that your condominium association may benefit from installing security cameras around the condominium. However, your condominium association should always consult its legal counsel before doing so, as security cameras …
A reserve study is a financial planning tool used by condominium associations, homeowners’ associations, and cooperatives in Florida to anticipate and prepare for the cost of the repair (deferred maintenance) and replacement (capital …
