Occasionally the Board is faced with the problem of owner’s non-participation. The lack of interest of serving on the Board can cause a deficit of Board members sufficient to constitute a quorum. Depending on the governing documents, the Board should...
For some reasons, this word “commingle” cracks me up. Mix or share money with different accounts is the first thing that comes to mind, after chuckling. The State legislation must have had the same concept on their mind, when writing the commingling...
PollsIn the event of a sale in a planned community, the mortgage company is required to collect an approval from the association as part of their escrow process. However, approval of a sale is not required if the community declaration, articles or bylaws...
Amending condominium or cooperative bylaws can only be executed after a membership vote. If not provided for in the community documents, the State of Florida requires a minimum 2/3% of the voting interest. The amendment must contain the full text. Occasionally...
Every association has a chronic complainer. Usually it’s the person out of one hundred (100) that always have to complain about something or another. A common nickname is condo commando, bellyacher or squawker. This person rarely has a resolution to...
Reporting of financial requirements for homeowner association is identically the same as condominium law. The only difference is if the member of the homeowner association wishes to partition the level of financial reporting, only twenty (20%) of the...
The time of year is here to start preparing for all association’s annual revenue reporting. If the condominium is only fifty (50) units or less, or annual revenues are less than $100.000, then cash receipts would be automatic. The end-of-the-year statement,...


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