Oct 29, 2018 | Associations, Board of Directors, Budget, Payments, Property Managers, Residents
Q: Our condominium association board levied a special assessment for Hurricane Irma damage. Our insurance claim settled for more than we expected, resulting in an excess of funds due to the special assessment. What happens to this leftover money? (S.S., via e-mail)...
Oct 23, 2018 | Associations, Budget, Community, Frontpage Article, Payments, Prepare, Property Managers, Residents
Few aspects of condominium and cooperative association operations are as heavily regulated as the budgeting process and yet too many boards take an informal approach to these crucial director functions. From Section 718.504, which lists the required operating expense...
Oct 10, 2018 | Associations, Law, Residents
A recent amendment to Chapter 718, Florida’s Condominium Act, facilitates a unit owner’s ability to install and use an electric-vehicle charging station within their condominium. Section 718.113(8), Florida Statutes, which took effect on July 1, 2018, created a new...
Sep 26, 2018 | Associations, Board of Directors, Law, Q&A
Q: I recently received an e-mail from my condominium association asking for a key to my unit. I have a problem with the board having a key to my unit. Am I required to provide a key? Can the association enter my unit at any time? (J.M. via e-mail) A. Florida law gives...
Sep 19, 2018 | Associations, Board of Directors, Budget
In Florida, particularly in the summer months, a beautiful sunny day can suddenly morph into a torrential downpour. Similarly, an association with no obvious financial problems can suddenly find itself in the perfect storm that arises when restrictive financial...
Sep 12, 2018 | Associations, Community, Law, Residents
In 2012, the New Jersey Supreme Court ruled 5-1 that a condominium owner could place election signs on his front door and side window of his townhome over the objections of his association. Wasim Khan, an oncologist who was a Democratic candidate for the Morris County...
