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Homeowners Annual Meeting Part II
Notices of annual meeting are stipulated in the governing documents. The minimum requirement for the second notice is 14 days prior to the meeting. It’s a good idea to start the first notice two months...
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Florida Legislation once again Costs Florida Homeowners
Ok lets get this straight, since Florida is notorious for fouling up presidential elections, and now that Charlie Crist is our elected governor to make a difference (as promised) an attempt was made to...
View ArticleSLAPP Suits are Prohibited in HOA’s
Except for the rare occasions of remodeling or repairs, common areas such as clubhouse, pool and recreational facilities should be made available for owners and their guess. Owners also have a right to...
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Changes Not so Notable?
Condominium, 2008 Florida Statute: Now it is mandatory to have an insurance appraisal prepared by an independent appraiser at least once every 36 months. The appraisal must be based upon actual...
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Affecting Naples & Marco Island Condominiums
Condominium 718.116 amended resolution, Florida Statute There had been few attempts of the Florida legislation to clarify additional administrative fees. Upon adoption or written management agreement,...
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Changes Affecting Condominium Associations
Director Abstaining from Voting: In an attempt to avoid a conflict of interest, Directors & Officers would vote, “abstain, neither, nor, refrain, desist and even present”. Although they may have...
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House Bill 995 Florida Laws
Fiduciary Duty 718.111 (a) of the Florida Statutes avow that directors, officers and managers automatically have fiduciary duties and responsibilities directly or indirectly owed to its owner/s of...
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Florida Legislation affecting Condominium Association
Accounting Records: Another elucidation to the statutes includes accounting records. It’s always been government standards to maintain accounting records for a period of seven years, including most...
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Official Records
Work Contracts and Bids Before the condominium Florida Statute revisions entered into law, bids and proposals were to be kept for a period of one year. Effective October 1, 2008, now bids and proposals...
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Effective January 1, 2013; insurance companies have to?
(8) Upon expiration of the policy term, an insurer may transfer commercial lines policy to another authorized insurer that is a member of the same group or owned by the same holding company as the...
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