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 …
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 …
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 …
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 …
The Legalities of Entering a Unit or Home in an Association
Pursuant to Florida Statute 718.111(5), an Association has the irrevocable right to access each unit during reasonable hours for the …
Reviewing Your Association’s Collection Policies
Collection of a community’s assessments is critical to maintaining a steady flow of income to support the association’s maintenance responsibilities …