Important Posts | Gulfshore Property Mgmt - Part 2
Home » Archive by category 'Important Posts'

There are only two mandatory meetings the associations are required to hold. The annual members meeting and a budget meeting of the board of directors. The Annual is a meeting for the members while the budget meeting is a board meeting intended to validate... 

In October 2004, a new Florida statute had passed through the legislation that requires associations to seek competitive bids for services rendered if over 10% of the total budget. Also, if not fully performed in one year, all contracts should be in writing.... 

In every new planned development it never fails, a homeowner without any notification to the board will take it upon themselves to renovate their property. They will add fountains, paved walkways, decorative driveways, sprinkler additions, electrical... 

It seems for every one out of ten associations, there is one director who had been sitting on the board for decades. Community lack-of-interest by the members is usually the cause of this natural phenomenon. Like wearing an old pair of shoes, the same... 

Agents, property managers and board of directors all have an ethical duty to withhold sensitive information regarding residents. If a mortgager or prospective buyer inquires information regarding a sale, the community documents, (should be passed on by... 

Within ten days of a written request, unit owners can inspect and photo copy community records during normal business hours. If the association has available a photocopier, then the member can have up to twenty-five copies made during the same inspection.... 

Except for attorney-client privilege, each board meeting should be open to all members for every class of community association. With respect to possible litigating matters and due to discussion or content, board meetings are held private, which are govern... 

Copyright ©2016 Gulfshore Property Mgmt. All Rights Reserved.