Becker & Poliakoff

“Welcome to the Board: Now What?” – FCAP Managers Report

“Welcome to the Board: Now What?” – FCAP Managers Report

So, you’ve been elected or appointed to the board of your association. Now what? First, it is necessary to become familiar with the association’s governing documents (declaration, articles of incorporation, and bylaws) and any written rules and policies. Board members are charged with upholding these documents and policies to the best of their ability as they oversee the operation of the community or condominium. Board members also have a fiduciary responsibility to the owners, and as a director you will be involved with creating the operating budget for the association. Issues you can likely expect to arise during your term include funding reserves, dealing with vendors and insurance, architectural questions, maintenance of and improvements on the common areas or common elements, and enforcement of the governing documents and rules. You will not have to face these issues alone, however, since in most communities and condominiums you will have a management company that will supervise the day-to-day operations of the association. Additionally, the association’s attorney and accountant will assist the board in complying with applicable Florida statutes and tax codes. Board membership will require much work, dedication, and patience, but it is a position that is crucial for the vitality of your community or condominium.

To read the original FCAP article, please click here.

Sara K. Wilson has extensive experience advising condominium, homeowners’, cooperative and timeshare associations throughout the state of Florida. Sara served as an Assistant State Attorney with the Fifth Judicial Circuit State Attorney’s Office in Lake County early in her career and was Trial Court Staff Attorney for the Fifth Judicial Circuit where she performed extensive research and worked closely with both county and circuit court judges.