Condo owner fears ‘best efforts’ language in law allows HOAs to scrimp on insurance protection (FL)

Question: I am troubled by your recent advice concerning condominium association insurance requirements. Your response stated that “the Condominium Act, at Section 718.111(11), provides that the association must secure ‘adequate’ property insurance, which insurance must be based on the replacement cost of the property …”   Read the Q&A……………………………….

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