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—The purpose of this chapter is: (1) To give statutory recognition to the condominium form of ownership of real property. (2) To establish procedures for the creation, sale, and operation of condominiums. Every condominium created and existing in this state shall be subject to the provisions of this chapter.
Notice when the annual meeting is happening must be given at least 14 days before the meeting by mail delivery or electronic transmission.
Last month Governor Ron De Santis signed HB 1021, which went into effect July 1, 2024, is meant to strengthen oversight of condo buildings and their boards, making them more accountable for maintenance, repairs, reserves, and bookkeeping.
720.303 Association powers and duties; meetings of board; official records; budgets; financial reporting.-- (1) POWERS AND DUTIES. --An association which operates a community as defined in s. 720.301, must be operated by an association that is a Florida corporation.
Written notice of an annual meeting must include an agenda; be mailed, hand delivered, or electronically transmitted to each unit owner at least 14 days before the annual meeting; and be posted in a conspicuous place on the condominium property or association property at least 14 continuous days before the annual ...
Adequate notice of all board meetings, which must specifically identify all agenda items, must be posted conspicuously on the condominium property at least 48 continuous hours before the meeting except in an emergency.
607.0704, a corporation shall hold a meeting of shareholders annually, for the election of directors and for the transaction of any proper business, at a time stated in or fixed in ance with the bylaws.
Meetings of members; voting and election procedures; amendments. (a) Unless a lower number is provided in the bylaws, the percentage of voting interests required to constitute a quorum at a meeting of the members shall be 30 percent of the total voting interests.
A) It must clearly state the date, time and place of the meeting as also the purpose of the meeting. b) The notice must be issued on the authority of a resolution of the Board of directors. c) The notice should be signed by a person authorised by the Board.