Q: Can you explain what “fiduciary duty” means for a condominium board member and managers? (M.S., via e-mail) A: Section 718.111 of the Florida Condominium Act explicitly states that officers and directors of the association have a fiduciary relationship with the unit owners in the condominium. The statute goes on […]
Q: I own a condominium unit in Florida that I rent out. I heard there is a new law about disclosing flood history to my tenants. I personally have not filed any insurance claims regarding this unit, but I am aware that the condominium association filed a claim for flood […]
Among the states, Florida has a long and proud history of defending we the people’s right to privacy and the right to exclude others from your property. However, your condominium association should know that Florida law also makes clear that these rights, among others, are subject to competing interests that […]
Q: Is a motor home/RV considered a “personal vehicle” under the Florida Homeowners’ Association Act? Some motor homes require a commercial driver’s license. (A.K-K, via e-mail) A: The basic issue you raise involves a series of recent amendments to Chapter 720 of the Florida Statutes, known as the Florida Homeowners’ […]
Becker Shareholder Jennifer Karnes was recently featured in the Real Estate section of The New York Times, where she addressed the rights of condominium owners navigating a lack of transparency from boards and management. Citing New York’s condominium law, Karnes explained that owners are generally entitled to review critical financial […]
