Q: My homeowners association is planning for our 2020 budget but will not meet the minimum contribution requirement as written in our recent reserve study. Our study requires a minimum of $40,000 per ...
Q: Although a 2-story condominium community is not subject to the milestone inspection report or the structural integrity reserve study, we are still required to have reserve for pavement resurfacing, ...
Q: Our HOA reserves for replacement are severely underfunded. The board recognizes this deficit and is working to catch up but it will take time to achieve a suitable reserves funding level. Does ...
Editor’s note: Attorneys at Goede, DeBoest & Cross respond to questions about Florida community association law. With offices in Naples, Fort Myers, Coral Gables, Boca Raton and Pensacola, the firm ...
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