Condo associations are a lot like any other government or business organization. They must adhere to rules and regulations, abide by state law, ensure a habitable and sustainable future for its residents, and so much more. For board members responsible for managing...
Dispute happens. Whether it’s a consistent violation of rules and regulations or something more serious like delinquency or bad debt, both the owners and the association need to be protected. And, for the sake of the whole community, disputes need to be resolved in a...
In our previous blog post, we tackled some of the common procedures for elections in a condo association. Some of these regulatory provisions will still apply to elections in an HOA, while most do not. Interestingly, the election process is very different for condo...
In our previous blog post in this series, we discussed what to do when fines and fees must be enforced within a community association. There is a systematic process including forming a committee, scheduling a hearing, and assessing fines. However, there are even more...
A condo association exists to create a community. This community can include lovely amenities, architectural and design controls, financial stability and help maintaining property values. And, yes, there are rules involved in joining any HOA or COA. But what happens...
In short, there are two main ways that a community association in Florida can handle bad debt – either a direct write-off of the entire amount of the uncollectible debt or an allowance of bad debt for a portion of the outstanding balance is written off using a...