Association Borrowing Questioned

Q: The board of directors of my condominium association has been discussing taking out a loan to pay for major repairs to our condominium building. To my knowledge, our association has never borrowed money before. It seems to me that for such a serious undertaking, a...

HOA Audit Can be Waived

Q: My homeowners’ association is required to have an audit every year. This year there is a discussion of skipping the audit. Are there voting guidelines and deadlines on this? (A.G., via e mail) A: Section 720.303(7) of the Florida Homeowners’ Association Act...

Election Proxies Questioned

Q: Our current documents say that proxy votes are allowed in an election, yet during our recent elections, residents were told that proxies were not allowed. My question is whether this was legal? (K.T., via e-mail) A: It depends. Section 718.112(2)(b)2 of the Florida...