Pursuant to Section 718.111(1)(a), the officers and directors of condominium association owe a fiduciary duty to the unit owners. This means they have a legal duty to make informed decisions for the benefit of the owners, act in good faith toward the owners, and not exceed their authority as set forth in the governing documents of the Association. Part of the board’s fiduciary duties is to properly maintain the common elements. Read the entire article……………………………….
Related Post
October 27, 2021
July 18, 2016
April 17, 2024
August 19, 2021
Comments are closed.