All types of community associations throughout Florida implemented strict protocols in response to the ongoing COVID-19 pandemic. These protocols included, in many cases, restricting entry to nonessential visitors, shutting down common areas and recreational amenities and requiring the use of facial coverings. As the push to reopen the economy continues […]
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 […]
The Continuing Small Business Recovery and Paycheck Protection Program Act would provide additional assistance to the hardest-hit small businesses that are struggling to recover from the impacts of the COVID-19 pandemic. The bill has four main components: 7(a) Loans to Recovery Sector Businesses: Authorizes $100 billion in long-term, low-cost loans […]
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, […]
Be Wary of MRTA
A little-known law, which can present big problems for planned residential and commercial subdivisions, has undergone a number of recent changes intended to make it more manageable and less impactful on the associations which oversee or manage planned residential and commercial subdivisions.