Imagine that you are sitting on the Board of Directors of the XYZ Condominium Association. The owner of a penthouse unit calls to complain of water stains that have appeared on a bedroom ceiling. A quick check of the calendar reveals that statutory warranties have expired for the building. The […]
A study conducted in 1994 by Florida International University, Department of Construction Management, concluded that one of the top three causes of problems on construction projects was the failure of participants, whether it be owner, contractor or subcontractor, to read and understand their contracts. Consider the following scenario that actually […]
The Construction Lien Law, formerly known as the Mechanic’s Lien Law, has served as a source of confusion to owners, contractors, suppliers and materialman that seek to enforce its provisions. As outlined in Chapter 713, Florida Statutes, the Construction Lien Law established the ground rules for enforcing a construction lien […]
A Condominium Association enjoys broad powers based upon Chapter 718, Florida Statutes, otherwise known as “The Florida Condominium Act.” Despite the guidance provided by the statute and case law which interprets it, little has been written to guide Condominium Associations when borrowing funds to finance various projects. Associations often borrow […]
When it is time to paint the Association’s buildings or replace the roof or install a fire alarm system or undertake any other major project in your community, the Board of Directors needs to address much more than getting the best price. If an Association naively assumes that all it […]
