There are two recent cases of which community association boards should be particularly aware of. Both cases involved residents who were injured by third parties but who filed suit against their association claiming that the association was also partly responsible for their damages because of their failure to enforce the […]
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. Of the 1,861 bills (excluding local appropriation requests) that were filed, 195 passed and will be sent to the Governor’s desk for approval. Some of the […]
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 […]
