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October
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October

Month: October 2015

THE PITFALLS OF BORROWING MONEY

Two weeks ago, we made it clear that Florida community associations are allowed to borrow money absent a provision in the governing documents that would expressly prohibit it.  But, just because you can borrow money doesn’t necessarily mean that you should. Many associations have an open line of credit with a lending institution.  It’s almost…

October 26, 2015 by admin No comment(s) Uncategorized
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CENTRAL FLORIDA, SPACE COAST AND TREASURE COAST --- HERE WE COME!

You won’t hear an attorney say this too often, but I’ll say it today.  I got lucky.  About seven years ago, I simply wanted to do some advertising for my law firm on the radio.  Instead, I was somehow talked into doing my own radio show.  It happened real quick and I’ll admit it was…

October 20, 2015 by admin No comment(s) Uncategorized
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TO BEG OR BORROW

Each year your condo association or HOA is required to pass an annual budget that in theory should pay all of the bills of the association.  The statutes require this.  Then a storm hits, or balconies start deteriorating and many Associations suddenly find themselves in desperate need to repair the common areas with no reserve…

October 15, 2015 by admin No comment(s) Uncategorized
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THERE'S LOTS OF RESOURCES OUT THERE

This is the time of year that my family starts to see less and less of me.  I’m writing this column from a hotel room in Bradenton, Florida.  Tomorrow morning I have the honor of kicking off the L&L Condominium and HOA Expo by teaching our Condo Craze and HOAs Board Certification Course for both…

October 7, 2015 by admin No comment(s) Uncategorized
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