If the officers or directors of an association willfully and knowingly fail to complete a structural integrity reserve study, then such failure is deemed to be a breach of the officers’ and directors’ fiduciary relationship to the unit owners. The requirement to obtain a structural integrity rese...
Q: What are the Florida requirements for election of the board of directors and the eventual election of officers in a multicondominium association? Can anyone who is a member of any of the individual boards run for election? Does each association get … Continue reading... Share this article...
Any contractor who subcontracts any work being done in a condo or HOA must obtain proof of workers’ compensation coverage or a Certificate of Election to be exempt from all subcontractors, prior to work being done. If the sub-contractor is not covered or exempt, for purposes of workers’ c...
All businesses in Florida, with 4 or more employees, full-time or part-time, must have workers’ compensation insurance. Corporate officers count as employees unless the officer has been issued an exemption. All construction industry businesses must have Workers’ Compensation, unless the business ow...
The people in the summer and the people in the early fall, will have advantages of less competition, maybe a little bit more choice and then also not that pressure that other people are trying to buy the same real estate. As soon as the election season is over, we'll probably see the...
“The governing documents will likely provide that elections should take place during a meeting of unit owners,” explains Moriarty. “If no meeting of owners takes place, there may be no opportunity for an election. Additionally, even if there is a meeting, if there isn’t a quorum as req...