Florida Workers Compensation Rate Increase: In 2003 when the Florida legislation mended FL. Statute 440.34 to limit  attorney fees for benefits secured to a strict contingency fee schedule. Another way to mandate how much costs can be spent on attorney... 

Why do Management Company’s Charge a Fee for a seemly easy Estoppel  request?   One significant reason; whoever signs an Estoppel Request Form is responsible for accuracy..   If signed by Property Manager, the Board would be held harmless,... 

Year End Financial’s; Explained in Laymen’s Terms: While Cash Receipts and Expenditures can be prepared by a book keeping, a compilation can only be performed by a licensed CPA based on Florida statutes; – according to the Florida Department... 

(8) Upon expiration of the policy term, an insurer may transfer commercial lines policy to another authorized insurer that is a member of the same group or owned by the same holding company as the transferring insurer. The transfer constitutes a renewal... 

Work Contracts and Bids Before the condominium Florida Statute revisions entered into law, bids and proposals were to be kept for a period of one year. Effective October 1, 2008, now bids and proposals are mandated to be kept for a period of seven years. The... 

Florida Legislation affecting Condominium Association: Another elucidation to the statutes includes accounting records. It’s always been government standards to maintain accounting records for a period of seven years, including most state governments.... 

Fiduciary Duty 718.111 (a) of the Florida Statutes avow that directors, officers and managers automatically have fiduciary duties and responsibilities directly or indirectly owed to its owner/s of shared association. Effective October 1, 2008, a new legislative...