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Are association board term limits same for commercial businesses?


Question:

In Florida, at a condo with bylaws with term limits for board members. One unit is the largest and pays very high maintenance, it is a commercial a high end law firm, the unit is owned by the legal corporation. The partners take turns being on the board, such that one is always on.  I assume because they want control of what is a business expense to them. Owners vote them on because as high powered attorneys, they seem like good leaders. Since the unit is owned by the corporation, does the term limit apply to the unit, or can the partners keep taking terms at serving as president to ensure their business goals?


Answers (9)

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