Becker & Poliakoff

Community Update – November 2021

Community Update – November 2021

This month, our featured articles explore various topics from fuel station installation to reserves for HOAs. Also, be sure to check out the “Did You Know” section – Becker’s been nominated for a Diamond Level Readers’ Choice Award from the Florida Community Association Journal (FLCAJ) in recognition of our commitment to the success of shared ownership communities. We are proud of our contributions to the industry and are thankful to our readers and the FLCAJ for this honor. If you enjoy the classes and content we provide (including this monthly newsletter), we would love your vote!

During the 2021 Legislative Session, the Statue allowing unit owners to install electric vehicle charging stations was expanded to also include natural gas fuel stations. While board’s cannot prohibit the installation of these stations, they can impose certain requirements. Read more in this month’s featured article, “Natural Gas Fuel Stations.”

Is your association’s data security hygiene up to par? “Security Tips for Managing the Association’s Bank Accounts Online,” provides useful tips to help minimize your risk.

There were several revisions to Chapter 720, which went into effect July 1, 2021. One such revision deals directly with reserves for HOAs – we discuss what changed and what it means for boards in, “Are Reserves Still Mandatory for Homeowners’ Associations?”

The ability for condominium associations to terminate certain contracts using a statutory procedure is at the heart of “THIS CASE: Comcast of Florida LP v. L’Ambiance Beach Condominium Association, Inc.” Read more about what happened and why this case matters.