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IMPORTANT CHANGES AFFECTING ASSOCIATIONS |
- CAM Management Companies / Firms must be licensed by the DBPR (not just the State of Florida)
- Any person or firm managing condominiums with 10+ units or a budget of $100,000 must be licensed by the DBPR
- Co-owners of a unit may not serve on the Board together, unless there is no on else qualified to serve. If the co-owners own more than one unit, than the co-owners may serve for each unit owned.
- No Association owned unit's vote may be considered
- Owners who are 90 days or more delinquent with assessments may not serve on the Board
- Certain common element usage rights may be suspended for unit owners / and or tenants
- Past due unit owners rights may be suspended
- Any director 90 days past due in maintenance is considered to automatically have abandoned their position.
- Directors removed or suspended by the DBPR may not serve
- Records must be kept within 45 miles or within the county of the condominium
- Specific wording required to waive or reduce reserves & on proxies
- Certain religious decorations allowed
- Clarification of hurricane shutter specs and responsibility for maintenance
- Condominiums greater than 3 stories must be inspected by an architect every 5 years
- Officers, agents and members of the Board of Directors are required to adhere to a "good faith" and "reasonably prudent person standard" and provides for monetary damages and criminal penalties for breach of this standard.
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