Q: I heard there was a recent change in the law which now prevents Board Members in a homeowners association from voting on matters via e-mail. Can you confirm this? Y.C. via e-mail A: You are correct that this change in the law for homeowners associations became effective on July […]
Category: Naples Daily News
Can A Director Resign For Any Reason?
Q: My condominium association has one owner who is a malcontent. He is always objecting to everything the Board tries to do and his constant vocal complaining has caused the Board much stress. Two of the Directors resigned as a result of this disgruntled owner. Is this a proper basis […]
Procedure To Convert To Pooled Reserves
Q: Can a condominium association board vote to convert from straight-line reserves to pooled reserves without a membership vote? R.F. via e-mail A: “Cash flow” funding of condominium reserves, often referred to as the “pooling” method of reserve funding, is a concept that was introduced many years ago through an […]
Q: I heard there was a new law that punished condominium associations who failed to timely provide a copy of the annual financial report. Is this true? What are the penalties? S.U. via e-mail A: You are referring to a recently revised provision within the Condominium Act which became effective […]
Q: Is the new director term limit law for condominium associations retroactive? M.N. via e-mail A: You are referring to a recent 2018 change to the Condominium Act which further clarified a change that was initially made in 2017. The 2017 change provided for no more than four consecutive two-year […]