Q: After the unit owners in a condominium association vote to approve an amendment, is there a time limit or deadline by which the amendment must be recorded with the county? (M.A. via e-mail) A: Chapter 718 of the Florida Statutes, known as the Florida Condominium Act, extensively regulates amendments […]
One day after its scheduled close, the legislature adjourned after passing a $91.1 billion budget which fell slightly short of Governor Desantis’ recommended budget. $682 million was appropriated for water-quality efforts related to red tides, algae blooms, and Everglades restoration, and over $220 million was directed to the panhandle area […]
Although the utilization by FINRA broker-dealer members firms of “backstop” agreements is fairly common, and have been issued for years, the regulatory underpinnings for their use and the effect on net capital has never been clear. Counsel, investment bankers, compliance officers, and FINOPS have struggled to cite a true regulatory […]
With increasing frequency, insurance companies that provide unit owner insurance are suing community associations to recover payments made to the unit owner that are related to water leaks in the unit. The problem with these lawsuits is two-fold. First, the insurance companies are waiting years to bring them, although still […]
We all encounter difficult people in our lives. This is particularly true for property managers. In dealing with difficult people, and in order to maintain your sanity, finding an effective way of dealing with difficult people is critical. Effectiveness in dealing with difficult people begins with understanding the dynamics of […]
