Florida Statute 718.111(d) states: An officer, director, or agent shall discharge his or her duties in good faith, with the care an ordinarily prudent person in a like position would exercise under similar circumstances, and in a manner he or she reasonably believes to be in the interests of the association. An officer, director, or…
Day: July 10, 2018
WHAT ARE CATEGORY ONE AND CATEGORY TWO RESTRICTIONS?
Over the past two weeks, we have been discussing the power and authority of Boards to pass rules and regulations. We discussed the fact that a board may have gone too far in making a rule as they really did an unauthorized amendment to the declaration. The question for today’s blog is what makes the…
DO BOARDS HAVE UNLIMITED AUTHORITY TO MAKE RULES?
Inherent in the condominium concept is the principle that to promote the health, happiness, and peace of mind of the majority of the unit owners since they are living in such close proximity and using facilities in common, each unit owner must give up a certain degree of freedom of choice which he might otherwise…
DO YOU NEED TO RECORD YOUR RULES AND REGULATIONS?
We all know that if you live in a condominium, your declaration of condominium and all amendments need to be recorded in the public records in the county where the condominium is located. If you live in a homeowner’s association, your declaration of covenants must be recorded. Your bylaws should also be recorded in either…