How Florida Condominium Law Affects Condo Association Collections

– The presentation on Florida condominium assessments explains the governing authority of condominium associations and homeowner associations under Florida Statutes.
– The annual budget determines unit owners’ assessments for a given year.
– Assessments may be used for various purposes, as long as they do not conflict with Florida statutes.
– The presentation covers Section 718, which governs condominium associations in Florida.
– Florida law defines the association lien and foreclosure process, which must be followed precisely to avoid invalidation by the courts.
– Jacksonville condominium associations must meet all deadlines and file liens correctly to avoid dismissal.
– Condominium association lawyers can use tools such as attaching a tenant’s rent, suspending unit owner’s amenity rights, and naming the association as a defendant in a mortgagee’s foreclosure action to expedite the assessment recovery process.

https://www.jimersonfirm.com/blog/2018/08/jacksonville-florida-condominium-assessment/