Q: The documents for our condominium state that any changes to the common elements require a vote of the unit owners. However, our board decided to install solar panels on the roof without a membership vote. The board president explained that the Florida law allows the board to install solar panels […]
Q: What advice can you offer to condominium associations on good financial practices and how to make the most of their budgets and reserves? (G.C., via e-mail) A: In my opinion, the most important key to success is a good “team,” which should have members who play particular roles. The […]
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 […]
Final Push for Healthcare Policy in 2025 With the last scheduled session week of the year underway, the focus of Congress remains healthcare legislation. This week, the House will consider the Lower Health Care Premiums for All Americans Act ahead of the expiration of the Affordable Care Act (ACA) subsidies […]
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 […]
