A Florida case recently issued by the 3rd District Court of Appeal confirms unit owner obligations to pay validly adopted assessments. The Court in Coral Way Condominium Investments, Inc. v. 21/22 Condominium Association, Inc., recited two important statements, one of which was made by the Florida Supreme Court in 1994 in the Ocean Trail Unit Association, Inc. v. Mead, case. Unit owners must understand the following pronouncements:

Avoidance of the payment of a... Read More

Associations filing for bankruptcy is an issue discussed with growing frequency over the years.  Desperate association leaders sometimes come to a conclusion that going bankrupt is the only way to resolve outstanding debt while continuing to operate the property. 

The Spa at Sunset Isles Condominium Association, Inc. filed for bankruptcy protection in the summer of 2010.  The condominium was created by conversion of an existing property during the... Read More

A case recently issued by the 3rd District Court of Appeal confirms unit owner obligations to pay validly adopted assessments. The Court in Coral Way Condominium Investments, Inc. v. 21/22 Condominium Association, Inc., recited two important statements, one of which was made by the Florida Supreme Court in 1994 in the Ocean Trail Unit Association, Inc. v. Mead, case. Unit owners must understand the following pronouncements: 

Avoidance of the payment of a valid... Read More

Board members learn about and evaluate proposed community projects by comparing different products, services, prices, methods and means to accomplish the same objective.  Community leaders should be made aware that the Florida statutes require competitive bidding for significant contracts.

For condominiums and cooperatives, the statutes requires competitive bidding for service contracts and contracts for the purchase or lease of materials or equipment that... Read More