Rules For Condo Board Members In Broward
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Per Fla. Stat. §723.078(i),any board member “may be recalled and removed from office with or without cause by the vote of or agreement in writing by a majority of all members.” Understanding the procedures for removing a board member is imperative for fairness and compliance.
A board member may not serve more than 8 consecutive years unless approved by an affirmative vote of unit owners representing two-thirds of all votes cast in the election or unless there are not enough eligible candidates to fill the vacancies on the board at the time of the vacancy.
The board must protect the interests of the association, especially financial, maintain common structures and areas, and enhance the lifestyle of all residents. For this to happen, the board must set goals, adhere to governing documents and conduct meetings.
The board is granted all of the corporation's powers and duties and is tasked with making important decisions that will impact the owners and community. Directors must be very familiar with the association's governing documents, hold meetings, prepare budgets, fund reserves, and maintain association property.
Board members are the fiduciaries who steer the organization towards a sustainable future by adopting sound, ethical, and legal governance and financial management policies, as well as by making sure the nonprofit has adequate resources to advance its mission.
For their entire terms as Directors and Officers, Board members are obligated to put all Association member/owners' interests above their own. Fiduciary duty is understood and offered to all Association members when a property owner volunteers to run for a seat on the Board of Directors.
In summary, condo board members in Florida may face personal liability in certain situations, contingent on the nature of the claim, liability source and available insurance coverage or indemnification.
Board “terms” refer to the designated period of service for members of an organization's board of directors, typically specified in the organization's bylaws. Board member terms usually range from two to six years, with three years being a common average.
Newly Elected Condo, HOA and Coop Board Members Must Take a Certification Course in Florida (2024) Q: I was recently elected to the board in my community association and I was told that I must take a class or online course to become certified.
How to write a letter to your board or manager Start with the date, sender and recipient information. You do not need to include the date or address of the recipient if you are sending an email. Write a clear and concise subject line. Get to the point. Offer a solution, if possible. Thank the recipient for their time.
