In Florida, particularly in the summer months, a beautiful sunny day can suddenly morph into a torrential downpour. Similarly, an association with no obvious financial problems can suddenly find itself in the perfect storm that arises when restrictive financial language in governing documents, unexpected-yet-necessary repairs and a shortage of funds collide. There are various ways a community association can address these unexpected financial times as there is no one size fits all. Key however to every community is discussing the issue with its attorney, treasurer and accountant as the budget, fund availability and governing documents all come into play.    Read the article………………