Florida condo & HOA news
Plain-English Florida condo and HOA law updates for owners, volunteer board members, managers, and everyone navigating community-association life.
Read the latest articles ↓From the front lines
Written by Eric M. Glazer · Florida attorney
Florida condo and homeowners are buckling under skyrocketing costs—especially insurance. Senator Rick Scott has reintroduced the Homeowners Premium Tax Reduction Act, which would make up to $10,000 in insurance premiums tax-deductible. If passed, it could mean serious savings. But it needs public support.…
Read: MAYBE THERE IS SOME HELP COMING OUR WAY IN FLORIDA →
We all know what the cost of insurance is doing to our way of life. In most condominium associations, the cost of windstorm and peril insurance has tripled over the past few years, if not quintupled. And from what I am being told, there is no end in sight. God forbid another major storm hits and the…
Read: DO YOU REALLY WANT TO RISK NOT HAVING INSURANCE? → While condo owners are now dealing with mandatory inspections, mandatory repairs and mandatory reserve accounts, both condo and HOA owners are facing the joint monumental problem of staggering increases in property insurance and the lack of choice among insurance companies. Our sponsor Greg Waltz sent me an…
Read: THE INSURANCE CRISIS IS AT A DANGEROUS POINT → This is going to be a very interesting election year for condos. I perceive that there is definitely going to be two types of candidates. The first will run a campaign that basically says: CANDIDATE ONE: I have lived here for twenty years. In light of the tragedy in Surfside, the dramatic rise in property…
Read: IT’S ELECTION TIME AGAIN → No doubt some changes are on the way for condominiums as a result of the Surfside tragedy. The changes are long overdue. Here’s another long overdue change that is necessary..the condominium insurance statutes.Suppose I told you that under Florida law, there is no absolute requirement that your condominium…
Read: AND WHILE YOU'RE AT IT…. PLEASE FIX THE INSURANCE STATUTE → So you did your job as a director and you made sure to purchase insurance for the association. So what is actually insured? Florida Statute 718.111 says: f) Every property insurance policy issued or renewed on or after January 1, 2009, for the purpose of protecting the condominium must provide primary…
Read: SO WHAT ACTUALLY GETS INSURED? → Let’s assume that a storm has just damaged your condominium. Of course, the board has the authority to start making repairs to the common elements. But can a unit owner beging making repairs to their damaged unit with no questions asked? Florida Statute 718.111 states: A unit owner may undertake…
Read: 55 AND OVER COMMUNITIES – HOW TO BECOME ONE AND STAY ONE → Hurricane season starts June 1st. If you haven’t ensured that the association property is properly insured, you better get busy. And fast. Let’s go over what the condo statute says about a board’s obligation to insure the condominium property. Florida Statute 718.111(11) states: (a) Adequate property…
Read: THE PERFECT TIME FOR AN INSURANCE PRIMER →Read it. Then watch it.
