Receivers Appointed Over Condo Associations and HOAs May Levy Special Assessments (FL)

Both the Florida Condominium Act (Chapter 718, Florida Statutes) and the HOA Act (Chapter 720, Florida Statutes) allow for a court-appointed receiver to oversee an association’s affairs in certain situations. When appointed, a receiver will have authority to act as the association’s board pursuant to the court’s order appointing that receiver. A receiver’s authority can be broad and difficult to challenge absent an abuse of power.    Read the article…………..


Related Articles

HOA Involvement in Keeping the Community Safe

Important details for associations to consider when purchasing or updating security for the community.

Is your association selectively enforcing its deed restrictions?

Although selective enforcement can be a valid defense, owners are rarely successful in prevailing against a community association

Homeowners Associations – Business Judgment Rule

The “business judgment rule” refers to a judicial policy of deference to the business judgment of corporate directors in the exercise of their broad discretion to make corporate decisions