condominium associations

Florida Condominium Record Inspection

Florida Condominium and Homeowners’ Associations, like any other corporation, are required by law to maintain certain records, which may be subject to record inspection. These records include copies of the declaration and bylaws, the current rules of the association, minutes of all meetings, and current insurance policies, just to name a few examples, and all of the official records of the association must be maintained for at least 7 years. This requirement may seem burdensome, particularly to smaller associations that are self-managed, but the reason behind this requirement is that Florida law requires that Florida Condominium and Homeowners’ Associations make…

Florida Condominium and Homeowners Associations Law: Priority of Liens

Condominium and Homeowners Association condo associations, condominium associations, homeowners associations, lienholders, liens, priority, superpriority

One issue that comes up often for Florida Condominium and Homeowners Associations is lien priority. It is safe to say that nearly everyone who has lived in a Florida Condominium or Homeowners Association knows that unit owners have to pay certain monthly maintenance assessments and often special assessments on top of that. This is an obligation that comes with living in an Association, and each unit owner is bound by the governing documents of the Association to pay these assessments. What is seemingly not as well-known is that the Association has the power to place a lien on the property…