Maintaining safe and habitable condominium associations requires ongoing efforts – and money. To comply with legal requirements like the 40-year recertification process, many Florida condo communities will need to solicit competitive bids to complete structural...
Your condominium association’s annual budget should be highly informed by your HOA’s financial statements. Keeping close watch over the association’s financial health will tell you how well the board of directors is doing in managing the HOA’s income and expenses and...
The annual budget for condominium associations and HOAs impacts all unit owners, but do all owners have a say in whether or not the proposed budget gets approved? The answer will depend on your association’s bylaws and governing documents, but for most HOAs in...
This is a common question Florida property owners who live in an HOA community have – can a husband and wife or co-owners of the same unit both serve on their association’s board of directors? The answer is generally “no,” although there is an asterisk to that...
Condo associations in Florida are each governed by their own set of rules and regulations. These can be found in the HOA’s CC&Rs and bylaws. In addition to the association’s rules, the HOA and its members must also abide by Florida community law. When these rules...
Florida condominium associations are managed and operated like mini governments. To make the democratic process run smoothly, unit owners must elect a board of directors to make leadership decisions on behalf of the community. The composition of the board and how the...