During this past session of the Florida legislature, new laws in regard to condominium association director and officer conflict of interest became effective July 1, 2017. These new laws are set out sections 718.302 and 718.112(2)(p), Florida Statutes, and when read together create quite a conflict themselves. As you soon discover there is a significant distinction between a contract for services versus a contract for goods. On the one hand, one provision prohibits the association from contracting with a director, officer, their relatives, or their company for services and, on the other hand, the other provision seems to allow a contract with a director, officer, their relatives, or their company with the proper disclosure to, and the approval of, the association’s board of directors. Read the article……………….
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