The Latest News on Real Estate, Insurance and Community Law
What to do if Your Florida HOA Has Surplus Funds in Its Condo Budget
Ending the fiscal year on a high note with surplus funds in your budget can be a positive situation for your Florida condo association. Though it may sound increasingly rare, it does happen, and your board of directors needs to know what to do if such a situation were...
Competitive Bidding Requirements: What to Your HOA Needs to Know When Soliciting Bids from Vendors
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 work...
What to Look for When Reviewing HOA Financial Statements
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...
Best Practices for Conducting Effective HOA Meetings
Most condo association board members meet only 4-5 times per year, and during those sessions, there’s a lot to accomplish! To make the most of everyone’s time and facilitate productive meetings, it’s helpful to follow some best practices. Tips for Leading...
Can Owners Approve or Reject a Condo Association Budget in Florida?
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...
Women Making a Difference
We're pleased to announce that Dania Fernandez has been listed as one of the Women Making a Difference is the FCAP's Community Association Journal. The Florida Community Association Professionals (FCAP) is a member-based professional organization providing training...
Can a Husband and Wife Serve on an HOA Board in Florida?
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 “no.”...
Can an HOA in Florida Sue a Homeowner?
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...
How Many Board Members Should Your HOA in Florida Have?
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...