Category: Client Alerts
Does My Association Require a Reserve Study?
How much is an association required to put into reserves and are they required to get a reserve study? What are condominiums are statutorily required to do regarding reserves? Defining and Explaining Reserve Accounts Condominium associations must have reserve accounts for painting, paving, the roof, and any other item that has […]
New Rule Imposes Reporting Requirements
On March 24, 2016, the Department of Labor (DOL) adopted a new interpretation of the persuader rule under the Labor Management Reporting Disclosure Act of 1959 (LMRDA), which is a statute that imposes reporting requirements on employers and consultants (which includes attorneys) where the consultant is retained to persuade employees […]
Community Associations – 2016 Legislative Update
On Thursday, June 23 I was privileged to be part of Carr, Rigg’s & Ingram’s 2016 Community Association Managers (CAM) CPE Seminar in Miramar Beach, where I was invited to speak on legislative updates for 2016 pertaining to community associations. For those who were unable to attend, here’s all the information provided […]
What is an Estoppel Letter?
Most owners know that when they want to buy or sell their unit or parcel that they need to contact the community association or its attorney to get an estoppel letter. Both the Florida Condominium Act and Florida Homeowner’s Association Act devote sections to estoppel letters, a/k/a certificates of assessments. […]
Five Key Points for New Association Board Members
Below are five key points that will prove invaluable for both potential board members and for those already serving their term. Becoming elected or appointed to serve on a Homeowner’s Association or Condominium Association’s board of directors can be an exciting, rewarding and enriching experience. It can be an opportunity […]
