Q: My condominium association is confused as to how the “115% rule” applies to its budget. Is the association prohibited from adopting a budget that exceeds 115% of the preceding year’s budget? (E.O., via e-mail) A: No. Chapter 718 of the Florida Statutes, the Florida Condominium Act, does not limit […]
Category: Publication
Pop-Up Leasing is Good for Everyone
As Halloween approaches, we have all probably noticed a number of pop-up Halloween costume and party shops opening around town. As soon as they close, the Christmas stores will take their place. Holiday and other pop-ups have become very popular in the retail landscape over the last decade or so. […]
Q: Recently our homeowners’ association negotiated a new bulk cable and internet contract. One of the new provisions of the contract is the service provider is going to pay the association over one hundred dollars for every home in the community. The money is to be paid to the association […]
Q: The manager of my condominium association sent out the first notice of annual meeting and election late. Instead of sending out the first notice 60 days in advance of the annual meeting he sent the first notice out 55 days before. When I raised my concern he said there likely […]
Answer: It depends! Section 18F-Time is a commonly misinterpreted section of the FAR BAR Contract. Calendar dates are used to compute the critical dates of the contract. If a deadline falls on a calendar date that is not a weekend or national holiday, the deadline expires at the end of […]