Financial Review vs Audit – What HOAs and Condominiums Need to Know
The end of the year is approaching fast. One of the many things homeowners’ associations and condominium associations need to …
Has COVID-19 Affected Your Community Association Collections?
The COVID-19 pandemic has led to widespread economic problems from high unemployment to significant business closures. With the news focused …
Insuring for Replacement Costs Versus Cash Value
All board members know that associations need to have insurance. In the case of condominium buildings, where your insurance covers …
Your Board’s Responsibility Regarding Housing Discrimination
The Fair Housing Act, also known as Title VII of the Civil Rights Act is a federal law which prohibits …
Application of the Business Judgment Rule to Community Association Board of Directors
The board of directors of community associations are responsible for making important decisions affecting the community and its members. As …
What Happens if Florida is the Cone of Uncertainty or Gets Hit with a Hurricane During the Pandemic?
The State of Florida is currently trying to figure out the daunting prospect of what it may mean to ask …
Preparing for Emergencies: Association Loans & Lines of Credit
In this time of growing financial crises, associations are increasingly considering loans/lines of credit in order to have sufficient cashflow …
Florida Community Association Legislative Update May 2020
At the time of our last newsletter in February, pre-pandemic, the Florida Legislature was working on several bills that would …
Emergency Powers, Hurricanes and Coronavirus
In light of the ongoing coronavirus pandemic and the quickly approaching hurricane season, which starts June 1, many Florida condominium …
What You Need to Know About Stormwater Systems in an Association
A homeowner association and a condominium association have a duty to maintain their common property. That duty is generally provided …