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“Pandemic Has Changed How Boards Do Business” – News-Press

07.27.2020
Joseph E. Adams

Q: Our condominium association board held online/telephone monthly meetings during the pandemic enabling owners to listen and ask questions. Normally, our board holds meetings where owners may attend in person. When the Florida Governor implemented Phase 2, the board went back to in person attendance meetings with social distancing. Is […]

Areas of Focus: Condo, Co-Op & HOA, Florida Community Association

Does My Association Include Fully Funded Reserves in Its Proposed Budget?

07.23.2020

With the budget season approaching, many condominium associations may wonder how to prepare a budget when it’s anticipated that members will vote to waive or partially fund reserves. The board must create a proposed annual budget that includes estimated revenues and expenses. In addition to annual operating expenses, Section 718.112(2)(f)(2)a, […]

Areas of Focus: Condo, Co-Op & HOA, Florida Community Association