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Forums > Homeowner Association > HOA Discussions
Subject: Delinquent Directors in Fl. Condos
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DonnaS
(Tennessee)

Posts:5671
01/22/2011 9:12 AM  
My Florida HOA sends me a newsletter each month. This ew Statute was included in it so I am just sharing this new Statute because the subject has come up often. This is for Florida Condos

"Delinquent Directors or Officers – s. 718.112(2)(n), F.S.
A director or officer is deemed to have abandoned office if he or she is delinquent more than 90 days in the payment of any monetary obligations due the association, and a disqualification of any unit owner from being elected if the owner is more than 90 days delinquent. Unlike the previous law, delinquency can be for more than regular assessments and includes any monetary obligation. It is the opinion of the Firm that such an individual may be placed on the election ballot but would not be considered elected if such a delinquency existed at that time, which means that the next highest vote getter would be deemed elected. If there is no contest for the election to the Board and the delinquent candidate is deemed automatically elected, then immediately, that delinquent Board member would be deemed to have abandoned office and the Board would then fill the resulting vacancy."

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Forums > Homeowner Association > HOA Discussions > Delinquent Directors in Fl. Condos


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