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 in the event of budget shortfalls caused by increasing delinquencies or in order to pay for projects that cannot be funded through the operating budget alone but cannot be postponed. In considering loan/line of credit […]

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 significantly impact community associations on a wide range of issues. However, as the 2020 legislative session closed amid the emerging coronavirus, most of the bills geared specifically toward community associations failed to receive approval, including […]

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 and homeowner associations are facing critical and unique issues regarding the operation and governance of their communities. Both the Condominium Act (Chapter 718, Florida Statutes) and the Homeowners’ Association Act (Chapter 720, Florida Statutes) contain […]

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 for in Florida Statutes and the express duties are usually set forth in the Declaration of Covenants and Restrictions. For homeowners’ associations, the duty is set forth in Fla. Stat. 720.305(1) (“Each member and the […]