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Tag Archives Waive

Changes to Leasing Restrictions May Not Apply to All Owners

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Q: Recently there was a discussion in my condominium association about amending our declaration to increase the minimum lease term from 30 days to 6 months. Many of our owners are in favor of this change, but we have …

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

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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 …

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