It’s the end of the summer. I watched my kids suck it up this week, pack their school bags and head off to school to return for another year of learning. Millions of kids across our state did the exact same thing. And if they can do it five days a week for the next…
Month: February 2015
THE FLORIDA BUSINESS JUDGMENT RULE
Last week, we spoke about how difficult it is to obtain personal liability against an individual director of a community association. The plaintiff would basically need to show a crime, fraud or self-dealing. What about when the directors make decisions that may ultimately be incorrect but were made in good faith at the time? Can…
GETTING PERSONAL
So you want to be on the Board of Directors. Did you ever wonder whether or not by being on the Board, you are subjecting yourself to loss of your personal assets should your association get sued. Unless you’re truly a bad guy or gal, you have little to worry about. Getting personal liability against…
SHOULD THE BOARD HIRE A BOARD MEMBER'S COMPANY?
Let’s say your condominium building needs a paint job. It just so happens that the President of the association is the owner of a general contracting firm. He tells the Board to stop racking their brains trying to find a company. He promises to have his company do the job right. He will certainly give…