An unprecedented number of property owners in the Sunshine State are being abruptly dropped by their long-time carriers. Others are seeing premium rates increase by as much as 200% (or more!) while having to replace their roofs or pay for other expensive upgrades just to stay insurable. What can […]
In 2021 Congress passed and the president signed the Corporate Transparency Act or CTA as part of the larger Anti-Money Laundering Act. Under these laws the federal government targets tax fraud, terrorism, and money laundering by requiring US-formed corporations, limited liability companies, and any entity that registers its formation with […]
Community Update – October 2023
10.31.2023
Special Notice TEN-HUT BOARD MEMBERS AND MANAGERS! The Buzz is in the air… Becker’s Board Member Boot Camp is RIGHT AROUND THE CORNER! Join us on Tuesday, November 14, from 9:30AM – 3PM EST, at the Signature Grand, in Davie, Florida. Come prepared to be put through your paces by […]
Q: A question has come up in my homeowners’ association as to whether owners are permitted to vote by proxy at owner meetings. If so, where is this right found? (C.D., via e-mail) A: Section 720.306(8) of the Florida Homeowners’ Association Act states that members have the right to vote […]
Damage to Units
10.27.2023
What if there is a leak in the unit; whose insurance covers the damage? There are usually three parties to this type of situation: 1) the owner who caused the leak; 2) the other owners damaged by the leak; and 3) the Association. All three parties should put their insurance […]
