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2018
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April
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30

Day: April 30, 2018

SO WHO IS RESPONSIBLE FOR THE CLEAN UP AND FIX UP?

Let’s assume that a storm has just damaged your condominium.  Of course, the board has the authority to start making repairs to the common elements.  But can a unit owner beging making repairs to their damaged unit with no questions asked? Florida Statute 718.111 states: A unit owner may undertake reconstruction work on portions of…

April 30, 2018 by admin No comment(s) Blog
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SO WHAT ACTUALLY GETS INSURED?

So you did your job as a director and you made sure to purchase insurance for the association.  So what is actually insured?  Florida Statute 718.111 says:   f) Every property insurance policy issued or renewed on or after January 1, 2009, for the purpose of protecting the condominium must provide primary coverage for: 1. All portions…

April 30, 2018 by admin No comment(s) Blog
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THE PERFECT TIME FOR AN INSURANCE PRIMER

Hurricane season starts June 1st.  If you haven’t ensured that the association property is properly insured, you better get busy.  And fast.  Let’s go over what the condo statute says about a board’s obligation to insure the condominium property.   Florida Statute 718.111(11) states: (a) Adequate property insurance, regardless of any requirement in the declaration of…

April 30, 2018 by admin No comment(s) Blog
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