Do The Right Thing How To Avoid Personal Liability As A Condo Association Director

In Florida, the “officers and directors of the association have a fiduciary relationship to the unit owners.” F.S. §718.111(1)(a)  In its most basic form, a fiduciary duty is an obligation to put the interest of someone else above the self-interest of the fiduciary. In the condominium director context, the director is the fiduciary and breaching of the fiduciary duty is one of the few ways in which personal liability can be imposed against a director. Therefore, condominium directors must understand the laws that govern their relationship with the association.    Read the article…………


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