Should a vote be put to association owners to waive yearly financial auditing requirement?

Pursuant to Florida Statutes, Condominium and Homeowners’ Associations have to each year report the financial health of the Associations to their members. Such requirements are contained in Section 718.111(13), Florida Statutes for Condominium Associations and Section 720.303(7), Florida Statutes for Homeowners’ Associations.    Read the article………….


Related Articles

Is it time for Local and State Governments to do some of the heavy lifting for community associations when it comes to secondhand smoke?

Has your condominium or cooperative board been contacted by a member who has been impacted by a neighbor’s nicotine habit?

New Appellate Ruling Limits Lenders’ Liability for Assessments (FL)

With so many mortgages having been sold off by their original lenders to other lenders during the foreclosure crisis, a

Condominium Assessment Liens in Florida, Part IV: Overcoming Defenses and Sale of the Unit

A condominium association’s governing documents in conjunction with Section 718.116, Florida Statutes, are the genesis of the condominium association’s authority