FEATURED
Community Associations Network
- March 31, 2016
16 views 27 sec

The directors of Florida community association are obligated to discharge their responsibilities to the community in good faith. Board decisions are generally protected by the “business judgment rule” and the theory behind the business judgment rule is that Courts should not substitute their judgment for the judgment of the elected or appointed board members.

Owner
28864 POSTS
...
FEATURED
Community Associations Network
- February 25, 2016
13 views 34 sec

Many HOA Board members don’t fully understand the legal obligations that come with serving their community. You rarely see one document that completely lists all responsibilities. State law may determine some. Governing documents outline others. And other regulations can further complicate the question. It’s little wonder that a lot of confusion surrounds legal obligations. Here’s […]

Owner
28864 POSTS
...
FEATURED
Community Associations Network
- February 13, 2016
14 views 46 sec

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 […]

Owner
28864 POSTS
...