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§ 718.111(11)(f) states that the association is responsible to insure the buildings in the community including all windows and sliding glass doors, common areas, and anything for which the unit owner is not responsible under the law.
Chapter 718 of the Florida Statutes, also known as The Condominium Act, is a chapter of law that governs condominiums in the State of Florida. The Condominium Act should be read in conjunction with Chapters 61B-15 through 25, 45 and 50, Florida Administrative Code.
Condominium Association Director Recall Section 718.112(2)(j), Florida Statutes, was amended to clarify that a Board member shall be recalled effective immediately upon the conclusion of the Board meeting that must be held within 5 business days after (i) the adjournment of the unit owner recall meeting or (ii) receipt ...
Chapter 720 of the Florida Statutes empowers and controls the ability of HOAs to enforce their rules, whereas Chapter 718 of the Florida Statutes empowers and controls the ability of COAs to enforce their rules.
Stat. § 718.3027. Section 718.3027 - Conflicts of interest (1) Directors and officers of a board of an association that is not a timeshare condominium association, and the relatives of such directors and officers, must disclose to the board any activity that may reasonably be construed to be a conflict of interest.
719.103 Definitions. ?As used in this chapter: (1) ?Assessment? means a share of the funds required for the payment of common expenses, which from time to time is assessed against the unit owner.
Section 718.112(2)(l), Florida Statutes, requires certain condominium associations to retrofit their common elements, association property, and units with a fire sprinkler system in ance with Chapter 633 (?Florida's Fire Prevention Code?) and any other code, statute, ordinance, administrative rule, or regulation ...
Section 718.120(1), Florida Statutes, provides: "Ad valorem taxes, benefit taxes, and special assessments by taxing authorities shall be assessed against the condominium parcels and not upon the condominium property as a whole.