Florida Law On Pre-Turnover And Post-Turnover Community Association Contracts

Community associations are businesses. Not only are they corporate entities, but they collect revenue (i.e., owner assessments) and incur expenses planned for through a yearly budget. Just like any other business, community associations find themselves in unfavorable contractual relationships with other entities. Unique to community associations, these entities often find themselves in undesireable contracts entered into by the developer prior to the owners having any say in the agreement or its terms. This article will provide an overview of the community association members’ options and rights concerning pre-turnover contracts and post-turnover contracts.    Read the article………………….