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Condominium Associations can Require Unit Owners’ Keys

Associations, Q&A, Residents

Q:        I am a new owner in a condominium. The board has asked me for a key to my unit, but I am hesitant to give it to them. Can they require me to provide a key? (M.R., via e-mail) A:        Probably. Section 718.111 (5)(a) of the Florida Condominium Act states...

Year End Surplus Treatment in Board’s Hands

Associations, Budget, Community, Meetings, Payments

Q:        What must be done with a condominium association’s operating surplus at the end of the year? Is it true that it must be returned to the owners in the form of payment or a credit to next year’s budget or assessment? (J.S. via e-mail) A:        Condominium...

Associations Should Prepare for Disaster in Advance

Associations, Board of Directors, Budget, Communication, Community, Florida, Prepare, Residents, Safety

We are now over a month past Hurricane Irma.  While it certainly could have been significantly worse for Southwest Florida, many community associations are still working  through a variety of difficult issues, including processing insurance claims, continuing...

IS A TRUSTEE OR BENEFICIARY OF A TRUST ELIGIBLE TO RUN AND/OR SERVE ON AN ASSOCIATION’S BOARD OF DIRECTORS?

Associations, Board of Directors

One of the questions we receive over and over from our clients is the question “is a trustee or trust beneficiary eligible to run for and/or serve as an association board member?” While the question is not directly addressed in either Chapter 718, Florida Statutes...

Special Assessments May Provide Insured Cash Flow After Storm

Associations, Community, Community Manager, Property Managers, Residents

Two weeks ago today, Hurricane Irma tore through in Southwest Florida. All things considered, it could have certainly been much worse. However, it was as bad as it gets for those who lost their lives, and some communities suffered relatively substantial property...

Community associations need to be hurricane-proof, too

Associations, Community, Prepare, Property Managers

As Mike Tyson said, “Everybody’s got a plan until they get hit.” This hurricane season is confirming the need for community associations to develop the right plans, learn from their experiences and continually refine their plans. Many volunteer community association...
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Juda Eskew & Associates, P.A (& all subsidiaries) has entered into a restructuring transaction. Effective as of October 2, 2023, your service team will now provide services through Juda Eskew & Associates, LLC, which is not a licensed CPA firm and does not perform audit or attest services. We believe that our restructuring will enable us to employ additional resources to our team, and we look forward to continuing to work with our clients under this new umbrella.

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